Abraxas Capital Main address ETH short-position unrealized loss narrowed to approximately 40860000 USD
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AT A GLANCE
The address disclosure stated that the ETH short-position unrealized loss narrowed from approximately 42870000 USD to approximately 40860000 USD。
Article
🐳【Abraxas Capital Main address]ETH Short-position unrealized loss narrowing!
▫️ P&L: -42,865,184.29 USD (-75.54%) → -40,858,006.64 USD (-72.51%)
▫️ Average price: 2,304.06 USD▫️ Current token price: 2,694.89 USD▫️ Liquidation price: 4,119.19 USD▫️ Position size: 281,726,200.19 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began accumulating on May; previously, it was a whale with Hyperliquid the largest contract capital position.November Since then, the address has continued taking profit; its position size previously reached 920000000 USD。 🔥
Key points
01
Profit/loss changed from -42,865,184.29 USD (-75.54%) to -40,858,006.64 USD (-72.51%).
02
the average price was 2,304.06 USD, the current token price was 2,694.89 USD。
03
the liquidation price was 4,119.19 USD, and the position size was 281,726,200.19 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The evidence claims that this address has, since May then, been building a large ETH short position and has continuously taken profits since November then; its previous position size had reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that bets on a price decline; a narrowing unrealized loss means that the recorded loss amount has decreased, but does not mean the position has already been closed or become profitable. The liquidation price is the price at which the position may face the risk of forced liquidation.
Why it matters to readers
This record shows a 282000000 USD short position of approximately ETH and its liquidation price, which may warrant continued observation of position changes. Based on the current evidence alone, it is not possible to confirm actual position closure, profit-taking, or market impact.
Beginners should first distinguish between unrealized losses, realized profit and loss, and liquidation risk: changes in unrealized losses do not mean that the funds have already been received.
Risks and unknowns
The information comes from a Telegram monitoring channel; the address and Abraxas Capital the attribution of which was not independently established by the evidence.
The evidence does not confirm whether the address still holds the complete position, nor whether actual profit-taking or position closure occurred.
It cannot be confirmed from this record alone whether the position affected ETH prices or the market.
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