Abraxas Capital Main address SOL short position unrealized loss narrows by approximately 2100000 USD
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AT A GLANCE
The post stated that Abraxas Capital the main address's SOL short position unrealized loss narrowed to approximately 13070000 USD。
Article
🐳【Abraxas Capital Main address】SOL Short position unrealized loss narrows!
▫️ P&L: -15,167,967.72 USD (-178.11%) → -13,065,473.51 USD (-157.32%)
▫️ Average entry price: 94.31 USD▫️ Current token price: 111.92 USD▫️ Liquidation price: 363.97 USD▫️ Position size: 83,047,831.96 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began being built from May Previously, it was a whale with Hyperliquid the largest contract capital allocation.November Since, this address has continued taking profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
The post shows that this SOL short position's P&L changed from -15,167,967.72 USD（-178.11%) to -13,065,473.51 USD（-157.32%）。
02
The average entry price listed in the post was 94.31 USD, the current token price was 111.92 USD, and the liquidation price was 363.97 USD。
03
The position size listed in the post was 83,047,831.96 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post stated that this large short position began being built from May and that this address has continued taking profits since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions typically profit when the token price declines. Here, the P&L remains negative, but the loss decreased from approximately 15170000 USD to approximately 13070000 USD, which is why it is described as “unrealized loss narrowing.”
Why it matters to readers
These data reflect changes in the P&L, size, and liquidation price of a large SOL short position and can be used to continue monitoring this address's position dynamics.
Beginners should note that “unrealized loss narrowing” does not mean the position is already profitable, nor can subsequent SOL price movements be determined solely from one address's position.
Risks and unknowns
The original text provided no independent on-chain verification materials, so the address ownership and the accuracy of the various data points cannot be confirmed.
It cannot be confirmed from the P&L change alone whether the unrealized loss narrowed due to a token price change, a reduction in the position, or other factors.
The original text did not provide the years corresponding to May and November.
It cannot be confirmed whether this address will continue taking profits, increase its short position, or be liquidated.
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Related concepts
Short Position
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