Abraxas Capital main address HYPE short position unrealized losses widened to approximately 13470000 USD
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Abraxas Capital the main address's HYPE short position unrealized losses widened to approximately 13470000 USD。
Article
🐳【Abraxas Capital Main address]HYPE Short position unrealized losses widen!
▫️ P&L: -11,287,738.31 USD (-101.77%) → -13,465,900.45 USD (-116.82%)
▫️ Average price: 70.18 USD▫️ Current token price: 91.58 USD▫️ Liquidation price: 303.40 USD▫️ Position size: 57,634,761.94 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began being built from May, previously the whale with the largest contract capital position,Hyperliquid.November From that point, the address continued taking profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
Profit/loss changed from -11,287,738.31 USD (-101.77%) to -13,465,900.45 USD (-116.82%).
02
The average price was 70.18 USD, and the current token price was 91.58 USD。
03
The liquidation price was 303.40 USD, and the position size was 57,634,761.94 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The original text stated that the address's large HYPE short position began being built from May and that it continued taking profits from November.
06
The original text stated that the address's position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This indicates that the address holds a HYPE short position, and because the current coin price is higher than the average short-entry price, the loss amount recorded has increased. The liquidation price is a risk reference price listed in the original text, but this excerpt alone cannot confirm the actual liquidation rules or changes in the position.
Why it matters to readers
The change in the unrealized loss on the large short position can serve as an observation HYPE clue regarding the price and the position risk of the address, but the materials do not provide independently verifiable on-chain evidence.
A short position is a position that profits when the price falls; if the price rises, a short position will typically incur a loss. An unrealized loss does not equal the final realized loss.
Risks and unknowns
The accuracy of these positions, profit-and-loss figures, and liquidation data cannot be confirmed from the original text alone.
It cannot be confirmed whether this address has currently reduced its position, closed the position, or been forcibly liquidated.
The original text does not specify May and November the corresponding year.
The original text does not specify the precise calculation methodology for the holding size.
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Related concepts
Short Position
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