labeled as Abraxas Capital the main address's BTC short-position unrealized loss narrowed to approximately 24750000 USD
BIBIBI
AT A GLANCE
One address's BTC short-position unrealized loss narrowed from 26845800 USD to 24754700 USD, but the position data remains subject to verification.
Article
🐳【Abraxas Capital Main address]BTC Short-position unrealized loss narrows!
▫️ P&L: -26,845,822.09 USD (-56.26%) → -24,754,721.91 USD (-52.33%)
▫️ Average entry price: 75,949.40 USD▫️ Current coin price: 84,828.00 USD▫️ Liquidation price: 139,417.01 USD▫️ Position size: 236,511,794.48 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May, and the address was previously the whale with the largest contract capital on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The original text stated that this BTC short-position P&L changed from -26,845,822.09 USD（-56.26%) to -24,754,721.91 USD（-52.33%）。
02
The average entry price listed in the original text was 75,949.40 USD, the current coin price was 84,828.00 USD, and the liquidation price was 139,417.01 USD。
03
The position size listed in the original text was 236,511,794.48 USD。
04
The address provided in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text referred to this address as the “Abraxas Capital main address,” and stated that its large short position was opened in May, with continuous profit-taking since November, 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.
Short positions generally profit when prices fall and incur losses when prices rise. Here, both the loss amount and loss percentage became smaller, so the original text described the unrealized loss as having narrowed; however, the position still showed a loss. The average entry price, current coin price, liquidation price, and position size are snapshot data listed in the post.
Why it matters to readers
Approximately 237000000 USD of the short position was substantial, so its P&L, profit-taking, or liquidation status may attract attention. However, changes in a single address's account value cannot directly prove that BTC will rise or fall afterward.
Beginners may treat this information as an observation sample of a large position, but should not judge market direction solely from changes in one address's unrealized loss; the address attribution and actual position data should first be verified.
Risks and unknowns
The original text did not attach independently verifiable on-chain position evidence, so the accuracy of the listed figures remains unclear.
Whether this address truly belongs to Abraxas Capital cannot be confirmed from the original text alone.
“May was opened in,” “November continuous profit-taking since,” and “previously reached 920000000 USD” are historical descriptions for which the original text provided no supporting verification materials.
The original text did not specify the exact collection time corresponding to these data.
Related Developments
Loading event timeline…
Narrowing unrealized losses alone cannot establish whether this address closed the position, added to it, or made another position change.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
