HyperInsight identifies it as the Abraxas Capital main address’s BTC short position unrealized loss narrows
BIBIBI
AT A GLANCE
The post states Abraxas Capital the main address holds BTC a short position, with the unrealized loss narrowing from 22770000 USD to 20890000 USD。
Article
🐳【Abraxas Capital Main address】BTC Short position unrealized loss narrows!
▫️ P&L: -22,770,687.03 USD (-47.92%) → -20,885,314.50 USD (-44.33%)
▫️ Average entry price: 75,949.40 USD▫️ Current token price: 83,338.90 USD▫️ Liquidation price: 143,304.43 USD▫️ Position size: 235,544,922.52 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began being built at May, previously the Hyperliquid whale with the largest contract capital position.November Since then, the address has continued to take profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
The post identifies the address as the 0x5b5d51203a0f9079f8aeb098a6523a13F298C060“Abraxas Capital main address.”
02
The post stated that this BTC short position's P&L changed from -22,770,687.03 USD（-47.92%）to -20,885,314.50 USD（-44.33%）。
03
The post listed an average entry price of 75,949.40 USD, a current token price of 83,338.90 USD, and a liquidation price of 143,304.43 USD。
04
The post listed the position size as 235,544,922.52 USD。
05
The post's annotation states that this large short position began being built on May; since November this address has continued taking profits, with the position size previously reaching 920000000 USD。
06
The post stated that this address was previously the Hyperliquid whale with the largest futures capital size.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a disclosure concerning a single on-chain address BTC's short position. A short position typically BTC profits when prices fall and incurs losses when they rise; the post shows that the position remains at an unrealized loss, but both the loss amount and loss percentage have decreased compared with previously.
Why it matters to readers
The disclosed position is relatively large, and subsequent changes in the position may attract market attention; however, the position of a single address cannot be used to confirm BTC the subsequent price direction.
Beginners should note that “narrowing unrealized losses” does not mean the position is already profitable, nor does it mean the position has been closed. The average entry price, current coin price, liquidation price, and position size respectively indicate the opening price, current price, price that may trigger liquidation, and the position’s notional value.
Risks and unknowns
The source text does not provide independently verifiable on-chain transaction or platform position records.
Does this address indeed belong to Abraxas Capital Cannot be confirmed based solely on the original text.
The original text does not specify the exact time period corresponding to the profit and loss data from “previously.”
The source mentions May and November but does not specify the years.
It cannot be confirmed whether the liquidation price and position data are real-time or whether they have changed.
Related Developments
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“Previously, the Hyperliquid whale with the largest contract capital scale” lacks the original ranking basis.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
