Abraxas Capital Main address ETH The unrealized loss on the short position was reportedly expanded to 40878900 USD
BIBIBI
AT A GLANCE
The post claims that the short position labeled as Abraxas Capital the main address’s ETH unrealized loss expanded to 40,878,914.74 USD。
Article
🐳【Abraxas Capital Main address]ETH Short-position unrealized loss widens!
▫️ P&L: -38,464,029.14 USD (-68.85%) → -40,878,914.74 USD (-72.55%)
▫️ Average entry price: 2,304.06 USD▫️ Current token price: 2,695.09 USD▫️ Liquidation price: 4,056.48 USD▫️ Position size: 281,747,108.29 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened in May, previously held by the whale with the largest contract position on Hyperliquid.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The P&L listed in the post changed from -38,464,029.14 USD（-68.85%) to -40,878,914.74 USD（-72.55%）。
02
The position's average entry price listed in the post was 2,304.06 USD, the current token price was 2,695.09 USD, and the liquidation price was 4,056.48 USD。
03
The position size listed in the post was 281,747,108.29 USD。
04
The address provided in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post claims that this large short position was opened on May, and claims that this address has been taking profits continuously since November.
06
The post claims that this address’s position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a channel disclosure concerning a ETH short position. Short positions typically benefit when the coin price falls; the post indicates that the current coin price is higher than the average entry price, so the listed position is at an unrealized loss. The liquidation price is a risk reference price provided by the post, but the relevant data and address ownership were not independently verified in the original text.
Why it matters to readers
The position size, unrealized loss, and liquidation price disclosed in the post are substantial and may be useful for observing whether the address subsequently reduces or closes the position or adjusts its exposure; however, until the address ownership and position data are verified, they should not be treated as confirmed facts.
Beginners can use this to learn concepts such as short positions, unrealized losses, average entry price, and liquidation price, but should not make trading decisions based solely on a post in a single channel.
Risks and unknowns
The original text alone cannot confirm that this address indeed belongs to Abraxas Capital。
The original text provides no independently verifiable on-chain or exchange position evidence.
It cannot be confirmed whether the stated profit or loss, position size, average entry price, and liquidation price are accurate or still valid.
The original text only states “May” and “November”, without specifying specific years.
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The claim that this was previously the whale with the largest contract position on Hyperliquid is unsupported by verification evidence.
Related concepts
Short Position
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