Abraxas Capital Main address SOL short position unrealized loss narrowed to approximately 10880000 USD
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AT A GLANCE
The original text stated that Abraxas Capital's SOL short position unrealized loss narrowed, but the information has not yet been verified.
Article
🐳【Abraxas Capital Main address】SOL Short position unrealized loss narrowing!
▫️ P&L: -13,034,106.39 USD (-157.02%) → -10,882,502.00 USD (-94.21%)
▫️ Average entry price: 94.31 USD▫️ Current coin price: 108.98 USD▫️ Liquidation price: 320.90 USD▫️ Position size: 80,855,809.30 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened starting May, and the address had previously held the largest contract position on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The original text stated that the SOL short position P&L changed from -13,034,106.39 USD（-157.02%) to -10,882,502.00 USD（-94.21%）。
02
The SOL short position average entry price listed in the original text was 94.31 USD, the current coin price was 108.98 USD, and the liquidation price was 320.90 USD。
03
The position size listed in the original text was 80,855,809.30 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text stated that the address's large short position was opened starting May, and stated that the address had November continuously taken profits since then, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position generally indicates a bet that the price will fall; a narrowing unrealized loss means the amount of the paper loss has decreased. The original text indicates that this SOL short position remained at a loss and lists its average entry price, current price, liquidation price, and position size.
Why it matters to readers
This was a large SOL position as described in the original text; subsequent profit-taking, closing, or price changes could alter its unrealized P&L. Based on this information alone, it cannot be determined whether it will drive the SOL price.
This can help beginners understand the derivatives trading concepts of short positions, unrealized losses, average entry price, position size, and liquidation price.
Risks and unknowns
The original text came from a Telegram channel and provided no independent on-chain or exchange verification materials.
“Abraxas Capital The attribution of the main address was based solely on the original text's labeling and has not been independently confirmed.
The “May” and “November” mentioned in the original text do not specify a year.
The original text does not clearly state whether the position is still fully held.
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Related concepts
Short Position
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