HyperInsight stated that the Abraxas Capital main address's PUMP short position's unrealized loss expanded to approximately 3920000 USD
BIBIBI
AT A GLANCE
The post stated that a wallet labeled Abraxas Capital main address holds a PUMP short position, with its unrealized loss expanding to 3918600 USD。
Article
🐳【Abraxas Capital Main Address】PUMP Short position unrealized loss expands!
▫️ P&L: -1,867,993.83 USD (-54.28%) → -3,918,551.57 USD (-101.74%)
▫️ Average entry price: 0.0{2}460 USD▫️ Current token price: 0.0{2}578 USD▫️ Liquidation price: 0.05 USD▫️ Position size: 19,257,267.10 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and this address was previously the whale with the Hyperliquid largest contract position size.November, this address has continuously taken profits, and its position size previously reached 920000000 USD. 🔥
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Key points
01
The post-listed P&L changed from -1,867,993.83 USD（-54.28%） to -3,918,551.57 USD（-101.74%）。
02
The average entry price listed in the post is 0.0{2}460 USD, the current token price is 0.0{2}578 USD, and the liquidation price is 0.05 USD。
03
The position size listed in the post is 19,257,267.10 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post stated that this large short position began to be established on May, and that the address has continuously taken profits since November, with its position size previously reaching 920000000 USD。
06
The post stated that this address was previously the Hyperliquid whale with the largest contract position size.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position typically profits when prices fall. Based on the data listed in the post, the PUMP current token price is higher than this position's average entry price, while its book loss has expanded. The liquidation price is a position-risk parameter provided in the post, but neither these data nor the address label has been independently verified.
Why it matters to readers
A 19260000 USD short position has incurred a larger unrealized loss, meaning this address's position warrants continued monitoring; whether it subsequently reduces, closes, or is liquidated may reflect its risk management.
Beginners should treat this as a position lead from a single monitoring post, not as confirmed trading advice. Distinguish between unrealized losses, realized losses, and liquidation, and avoid chasing rallies or shorting solely based on a single address's position.
Risks and unknowns
It cannot be confirmed from the post alone that this address is indeed Abraxas Capital。
The post did not include independently verifiable on-chain records or Hyperliquid platform data.
The average entry price and current token price use the “0.0{2}” abbreviated format, and their full decimal representations require confirmation.
The post does not specify the exact time points corresponding to the P&L change.
It cannot be confirmed whether this position was subsequently reduced, closed, or liquidated.
Related Developments
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The “whale with the largest contract position size” claim and the prior 920000000 USD position size have not been independently verified.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
