The wallet labeled Abraxas Capital as the main address saw its BTC short position unrealized loss expand to approximately 24240000 USD
BIBIBI
AT A GLANCE
The post stated that the wallet labeled Abraxas Capital as the main address saw its BTC short position unrealized loss expand to 24,236,129.06 USD。
Article
🐳【Abraxas Capital Main address]BTC Short position unrealized loss expanding!
▫️ P&L: -22,214,732.23 USD (-47.47%) → -24,236,129.06 USD (-51.35%)
▫️ Average entry price: 75,949.40 USD▫️ Current coin price: 84,642.00 USD▫️ Liquidation price: 140,913.50 USD▫️ Position size: 235,993,201.63 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May, and this address was previously the whale with the largest contract capital on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The P&L listed in the post changed from -22,214,732.23 USD（-47.47%) to -24,236,129.06 USD（-51.35%）。
02
The average entry price listed in the post was 75,949.40 USD, while the current coin price was 84,642.00 USD。
03
The liquidation price listed in the post was 140,913.50 USD, and the position size was 235,993,201.63 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post said that the large short position was opened in May and that this address had been taking profits continuously 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.
This is a data post about a BTC short position. Short positions typically benefit when the coin price declines; the current coin price listed in the post is higher than the average entry price, while the loss amount and percentage have increased, indicating that the position was incurring a larger unrealized loss according to the post's data.
Why it matters to readers
Position size, unrealized loss, and liquidation price can help assess the risk status of this large position, but the position data of a single address cannot by itself prove the overall direction of the BTC market.
Beginners can treat this as position-monitoring information about a large trader and should not use this single post to determine whether BTC will rise or fall; they should also note that the address attribution and position data have not been independently verified.
Risks and unknowns
The attribution relationship between the address and Abraxas Capital is based solely on the post's labeling; the original text provides no independent proof.
The original text does not provide an on-chain position link that can directly verify the position, P&L, or liquidation price.
The original text does not specify the respective times to which the two sets of P&L data correspond.
“May” and “November” are not accompanied by years.
The post claims that this address was previously the whale with the largest contract capital on Hyperliquid, but provides no basis for verification.
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Related concepts
Short Position
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