labeled as Abraxas Capital the main address's ETH short position unrealized loss expanded to approximately 43050000 USD
BIBIBI
AT A GLANCE
It was reported that Abraxas Capital the main address's ETH unrealized loss on short positions widened to 43,053,357.20 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss expands!
▫️ P&L: -41,014,817.40 USD (-72.75%) → -43,053,357.20 USD (-75.82%)
▫️ Average entry price: 2,304.06 USD▫️ Current token price: 2,715.89 USD▫️ Liquidation price: 4,329.09 USD▫️ Position size: 283,921,550.74 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began building on May, previously the whale with the largest contract position size on Hyperliquid.November Since 920000000 USD, this address has continued taking profits; its position size previously reached. 🔥
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Key points
01
The text shows that P&L changed from -41,014,817.40 USD（-72.75%）to -43,053,357.20 USD（-75.82%）。
02
The average entry price listed in the text is 2,304.06 USD, the current token price is 2,715.89 USD, and the liquidation price is 4,329.09 USD。
03
The position size listed in the text is 283,921,550.74 USD。
04
The address given in the article is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The report said that this large short position was opened on May, and said that this address had been taking profit since November, with the position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions generally profit when prices fall and incur losses when prices rise.ETH The current coin price in the text is higher than the average entry price, so the listed positions are in an unrealized-loss state; “unrealized loss” refers to a book loss that has not yet been ultimately realized through closing the positions.
Why it matters to readers
The positions listed in the article are relatively large, and the unrealized loss ratio -72.75%increased from -75.82%. If the data is accurate, subsequent ETH price movements and position adjustments could materially alter the address's profit or loss and its distance from the liquidation price, but information about a single address cannot be used to determine the ETH overall trend.
Beginners should regard this as an unverified observation of a large holder’s position that still requires verification, rather than as a buy or sell signal. Focus on distinguishing the average entry price, current coin price, unrealized loss, and liquidation price, and note that these data may change with market conditions and the position.
Risks and unknowns
It cannot be independently confirmed from the original text alone that this address indeed belongs to Abraxas Capital。
The original text provides no on-chain records or position screenshots; the profit and loss, position size, and liquidation price have not yet been independently verified.
The original text does not specify the specific data collection time or calculation methodology.
Related Developments
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“May”and“November”year not specified.”
It cannot be confirmed whether this address has currently reduced its position, added margin, closed its position, or changed its position.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
