Abraxas Capital The labeled main address increased its XRP short position
BIBIBI
AT A GLANCE
A Telegram channel stated that a wallet labeled as the Abraxas Capital main address increased its XRP short position.
Article
🐳 【Abraxas Capital Main address】XRP Short position rolled over!
💰XRP Increased short position by 3,956,994.00 tokens, equivalent to approximately 4,439,698.79 USD▫️ Position size: 19,411,665.38 USD▫️ Average entry price: 1.49 USD → 1.44 USD▫️ Current P&L: +2,865,622.93 USD (+73.81%)
▫️ Current token price: 1.25 USD▫️ Liquidation price: 10.14 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, previously the whale with the Hyperliquid largest contract capital size.November, the address has continuously taken profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
A Telegram channel stated that the address increased its 3,956,994 tokens XRP short position, equivalent to approximately 4,439,698.79 USD。
02
The article disclosed a position size of 19,411,665.38 USD, with the average entry price changing from 1.49 USD to 1.44 USD。
03
The article disclosed current P&L of +2,865,622.93 USD（+73.81%), a current token price of 1.25 USD, and a liquidation price of 10.14 USD。
04
The address provided in the text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The channel stated that the address was previously the whale with the Hyperliquid largest contract capital size, and that its position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is position information posted by a Telegram channel, stating that an address increased its XRP short position and listing the position, average entry price, P&L, and liquidation price.
Why it matters to readers
If the address attribution and position data are accurate, the new short position may reinforce bearish narratives among some market participants; trading by a single address does not represent changes in overall supply and demand.
Beginners should first distinguish between “channel disclosure” and “verified data” and should not judge XRP trends based solely on information from a single address.
Risks and unknowns
The information comes from a single Telegram channel and is not accompanied by independently verifiable on-chain or trading-platform evidence.
Abraxas Capital Its relationship to the ownership of this address has not been independently verified.
XRP It remains unclear whether the position will continue to be increased, reduced, or closed.
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Related concepts
Short Position
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