Abraxas Capital The labeled address opened a new VVV short position
BIBIBI
AT A GLANCE
A Telegram channel stated that a wallet labeled Abraxas Capital Main Address opened a new VVV short position.
Article
🐳 【Abraxas Capital Main Address】VVV New short position opened!
💰VVV Short position opened: 46,520.14 tokens
▫️ Entry price: 24.28 USD▫️ Current token price: 22.55 USD▫️ Liquidation price: 2,682.82 USD▫️ Position size: 1,049,261.76 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and the wallet was previously the whale with the largest contract position size on Hyperliquid.November, the address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The Telegram channel headline stated, “Abraxas Capital Main Address” opened a new VVV short position.
02
The body text stated that a VVV short position was opened for 46,520.14 tokens, at an entry price of 24.28 USD。
03
The current token price listed in the body text was 22.55 USD, and the liquidation price was 2,682.82 USD。
04
The position size listed in the body text was 1,049,261.76 USD。
05
The wallet address provided in the body text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
The body text stated that the address’s position size previously reached 920000000 USD, and that it had continuously taken profits since November.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is on-chain transaction information about a VVV contract short position. A short position typically indicates that a trader is betting on a price decline; the liquidation price is the price at which the position may be forcibly closed.
Why it matters to readers
If the position and address attribution are accurate, this approximately 1049300 USD VVV short position may serve as a clue for observing this address’s trading behavior and VVV market attention.
Beginners should note: channel labels, position figures, and address attribution still require independent verification; do not trade based solely on this information.
Risks and unknowns
The information comes from a Telegram channel; the original text did not provide independently verifiable on-chain evidence.
The original text only labeled the address as Abraxas Capital Main Address and did not prove address attribution.
The original text did not clearly specify when the position was opened.
The original text alone cannot confirm that this position still exists.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
