HyperInsight stated that Abraxas Capital address ETH's short position unrealized loss expanded to 8000000 USD
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AT A GLANCE
The text stated that the Abraxas Capital main address ETH's short position unrealized loss expanded to 8002700 USD。
Article
🐳【Abraxas Capital Main address]ETH Short position's unrealized loss expands!
▫️ Profit/loss: -5,790,591.17 USD (-11.45%) → -8,002,680.78 USD (-15.69%)
▫️ Average entry price: 2,322.65 USD▫️ Current token price: 2,397.90 USD▫️ Liquidation price: 4,145.13 USD▫️ Position size: 255,017,772.83 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began being built on May, and the address was previously a whale with the largest contract position size on Hyperliquid.November; since then, the address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The text stated that this ETH short position's profit/loss changed from -5,790,591.17 USD（-11.45%) to -8,002,680.78 USD（-15.69%）。
02
The average entry price listed in the text is 2,322.65 USD, the current token price is 2,397.90 USD, and the liquidation price is 4,145.13 USD。
03
The position size listed in the text is 255,017,772.83 USD。
04
The address provided in the text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The text stated that the large short position began being built on May, and that the address had continuously taken profits since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions generally profit when prices fall and lose when prices rise. The current token price listed in the text is above the average entry price, so the position is at an unrealized loss; “unrealized loss” refers to a paper loss while a position remains unsettled.
Why it matters to readers
This is a 255000000 USD short position described in the text as exceeding ETH in size; its profit/loss and position changes may attract market attention. The listed liquidation price is above the current token price, but the text provides no independently verifiable data.
Beginners should distinguish between unrealized losses and realized losses, and focus on the position direction, average entry price, current price, and liquidation price; do not make trading decisions based solely on a single address label or data from a single channel.
Risks and unknowns
Whether the address indeed belongs to Abraxas Capital cannot be independently confirmed from the original text.
The position direction, size, profit/loss, and liquidation price are derived solely from this passage; no verifiable on-chain records or platform pages are provided.
“May” and “November” do not specify a year.
The text does not specify the exact time interval corresponding to the change in profit/loss.
It cannot be confirmed whether this position remains open.
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Related concepts
Short Position
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