Abraxas Capital The main address reduced its 180.40-unit ETH short position, with an unrealized loss of approximately 24080000 USD
BIBIBI
AT A GLANCE
The evidence states that Abraxas Capital address reduced its 180.40-unit ETH short position and still has approximately 282000000 USD in its position.
Article
🐳 【Abraxas Capital Main address]ETH Short position closed at a loss!
💰ETH Reduced short position by 180.40 units, equivalent to approximately 2,616,639.50 USD▫️ Position size: 282,087,691.08 USD▫️ Average price: 2,322.63 USD▫️ Current P&L: -24,079,505.59 USD (-42.68%)
▫️ Current coin price: 2,539.40 USD▫️ Liquidation price: 3,911.96 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May; previously, it was Hyperliquid the whale with the largest futures capital position.November Starting then, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The evidence states that the address reduced its 180.40-unit ETH short position, equivalent to approximately 2,616,639.50 USD。
02
The position size listed in the evidence is 282,087,691.08 USD, with an average price of 2,322.63 USD。
03
The current P&L listed in the evidence is -24,079,505.59 USD（-42.68%）。
04
The current coin price listed in the evidence is 2,539.40 USD, with a liquidation price of 3,911.96 USD。
05
The address provided in the evidence is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
The evidence states that this address was previously Hyperliquid the whale with the largest futures capital position, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information states that an address reduced its ETH short position and lists the remaining position, average price, current P&L, and liquidation price. A short position is a position that bets on a price decline; the liquidation price is the price at which the position may be forcibly closed.
Why it matters to readers
If these data are accurate, the address still has a large ETH short position and a large paper loss; the liquidation price and current coin price are also explicitly listed. However, the evidence did not independently confirm these data.
Beginners can use this to understand futures trading information such as short positions, position size, average price, unrealized P&L, and liquidation price.
Risks and unknowns
The evidence did not independently confirm the address's actual on-chain trades and position changes.
“November starting” does not specify the year, so the time reference is unclear.
The evidence alone cannot confirm whether the reduction will affect ETH prices or the Hyperliquid platform.
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Related concepts
ETH short position
This term is not in the glossary yet. Browse related concepts in the glossary.
