Labeled as Abraxas Capital the primary address’s BTC short-position unrealized loss narrowed to 15200000 USD
BIBIBI
AT A GLANCE
The short-position unrealized loss of this address BTC narrowed from approximately 17590000 USD to approximately 15200000 USD。
Article
🐳【Abraxas Capital Primary address】BTC Short-position unrealized loss narrowing!
▫️ P&L: -17,588,737.79 USD (-37.76%) → -15,202,368.82 USD (-32.98%)
▫️ Average entry price: 76,098.40 USD▫️ Current coin price: 81,471.92 USD▫️ Liquidation price: 155,448.01 USD▫️ Position size: 230,494,668.35 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened from May; previously, it was Hyperliquid the whale with the largest contract capital size.November Since then, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
Profit/loss changed from -17,588,737.79 USD (-37.76%) to -15,202,368.82 USD (-32.98%).
02
The average entry price is 76,098.40 USD and the current coin price is 81,471.92 USD。
03
The liquidation price is 155,448.01 USD and the position size is 230,494,668.35 USD。
04
This address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text states that this address established a large short position from May and has continued taking profits since November.
06
The original text states that this address was previously Hyperliquid the whale with the largest contract capital size, 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. Here, the position is still recorded as being at a loss, but both the loss amount and loss percentage have narrowed. The liquidation price is the price that triggers forced liquidation.
Why it matters to readers
These data show the changes in the short-position size and P&L of the wallet labeled as Abraxas Capital the primary address, and can be used to monitor whether this address continues taking profits or reducing its position. Data from a single address cannot represent the BTC overall trend.BTC
Beginners can start by looking at items: the relationship between the current coin price and the short-position average entry price, changes in P&L, and the liquidation price. These help explain the position direction, current result, and potential forced-liquidation level, respectively.
Risks and unknowns
“Abraxas Capital The attribution of “primary address” comes from the original text’s labeling; no independent evidence confirms it.
The original text states that profits have been taken since November began, but the evidence does not clearly establish how this time corresponds to the other time points.
The evidence does not explain how these data were independently verified, nor does it indicate whether the position still exists in full.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
