Abraxas Capital The labeled main address SOL short position's unrealized loss expanded to approximately 7890000 USD
BIBIBI
AT A GLANCE
The post stated that the Abraxas Capital main address SOL short position's unrealized loss expanded to 7893600 USD, but the identity and position data have not been independently verified.
Article
🐳【Abraxas Capital Main address]SOL Short position unrealized loss expands!
▫️ P&L: -5,872,059.46 USD (-55.36%) → -7,893,601.84 USD (-72.46%)
▫️ Average entry price: 94.32 USD▫️ Current token price: 105.21 USD▫️ Liquidation price: 346.09 USD▫️ Position size: 76,260,894.05 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May; prior to that, it was a whale with the largest contract position size on Hyperliquid.November; from then on, the address continuously took profits, and its position size had previously reached 920000000 USD。 🔥
Key points
01
The post stated that this SOL short position's P&L changed from -5,872,059.46 USD（-55.36%) to -7,893,601.84 USD（-72.46%）。
02
The post listed an average entry price of 94.32 USD, a current token price of 105.21 USD, and a liquidation price of 346.09 USD。
03
The position size listed in the post was 76,260,894.05 USD。
04
The address provided in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post stated that the large short position was opened on May, and that the address had continuously taken 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 generally profit when prices fall. The post shows that the current token price 105.21 USD, is higher than the listed average entry price 94.32 USD, so the position is described as being at an unrealized loss, with the loss figure having expanded from before. This is a position snapshot and does not mean the loss has actually been realized.
Why it matters to readers
Changes in positions of this type of large short position may draw the attention of market participants; however, the original text only reports data such as unrealized losses, prices, and positions, and does not show an actual position closure, position reduction, or liquidation, nor does it provide a market-price reaction.
Beginners should distinguish between “unrealized losses” and “realized losses,” and note that address labels, position size, and liquidation price all require independent verification; a single post alone cannot be used to judge SOL subsequent price movements.
Risks and unknowns
It cannot be confirmed from the original text alone that this address is indeed Abraxas Capital。
The original text does not include independently verifiable on-chain or platform position evidence.
It cannot be confirmed whether the listed P&L, position size, average entry price, token price, and liquidation price are accurate or remain valid.
The original text does not specify the year or provide the precise time of the data snapshot.
Related Developments
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The original text does not show that the position has been closed, reduced, or liquidated.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
