Abraxas Capital The labeled main address reduced its PUMP short position
BIBIBI
AT A GLANCE
The monitoring channel stated that a wallet labeled Abraxas Capital main address reduced 138,887,515 units of its PUMP short position.
Article
🐳 【Abraxas Capital Main address】PUMP Short position takes profit!
💰PUMP Short position reduced 138,887,515.00 units, equivalent to approximately 2,108,852.53 USD▫️ Position size: 12,803,724.54 USD▫️ Average price: 0.0{2}460 USD▫️ Current P&L: +1,794,716.54 USD (+70.09%)
▫️ Current token price: 0.0{2}404 USD▫️ Liquidation price: 0.06 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May; it was previously the Hyperliquid whale with the largest contract capital scale.November; from then on, the address continuously took profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
The original text stated that the PUMP short position was reduced by 138,887,515.00 units, equivalent to approximately 2,108,852.53 USD。
02
The position size listed in the original text was 12,803,724.54 USD。
03
The average price listed in the original text was 0.0{2}460 USD, and the current token price was 0.0{2}404 USD, with a liquidation price of 0.06 USD。
04
The post listed current profit/loss as +1,794,716.54 USD (+70.09%).
05
The address provided in the original text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
The original text stated that this address November had continuously taken profits since then, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that bets on a price decline; “reducing a short position” means that the address cited in the report reduced part of its short exposure. The original text also provided data such as position size, P&L, prices, and liquidation price.
Why it matters to readers
If the report is accurate, this action indicates that the address is reducing its PUMP short position and realizing the partial profit-taking described in the original text; however, it reflects only a position change at a single address.
Beginners may treat this information as a position-monitoring clue for a single large address and should not judge PUMP the subsequent price direction solely based on this address’s actions.
Risks and unknowns
The information comes from a single monitoring channel, and the original text did not include independently verifiable on-chain or exchange execution records.
It cannot be confirmed from the original text alone whether this address is indeed a Abraxas Capital。
It cannot be confirmed whether the listed position size, P&L, prices, and reduction amount are accurate.
The original text did not specify the years corresponding to “May” and “November”.
The price notations in the original text, “0.0{2}460 USD” and “0.0{2}404 USD”, require verification of their specific numerical meanings.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
