Abraxas Capital ETH The short position's unrealized loss narrowed to 47320000 USD
BIBIBI
AT A GLANCE
Abraxas Capital's ETH short position's unrealized loss narrowed from 49630000 USD to 47320000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position's unrealized loss narrows!
▫️ P&L: -49,632,160.22 USD (-86.15%) → -47,321,846.38 USD (-82.81%)
▫️ Average entry price: 2,300.23 USD▫️ Current token price: 2,756.79 USD▫️ Liquidation price: 4,000.63 USD▫️ Position size: 285,736,797.30 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and it was previously the whale with the largest contract capital size.Hyperliquid the whale with the largest contract capital size.November onward, this address has continuously taken profits; its position size previously reached 920000000 USD. 🔥
On-chain Perp live-trading social network graph: view the most comprehensive Hyperliquid on-chain data:https://www.tradingbeats.xyz
Key points
01
Profit/loss changed from -49,632,160.22 USD (-86.15%) to -47,321,846.38 USD (-82.81%).
02
ETH The average entry price is 2,300.23 USD, and the current token price is 2,756.79 USD。
03
The liquidation price is 4,000.63 USD, and the position size is 285,736,797.30 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The article states that this ETH short position was opened on May, and the address's position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This indicates that the address's ETH short position remains unrealized loss-making, but both the loss amount and loss ratio are smaller than before.
Why it matters to readers
The position size is relatively large, and the listed liquidation price is higher than the current token price.
A short position bets on a price decline; if the price rises, the short position may incur losses, and it may be forcibly closed upon reaching the liquidation price.
Risks and unknowns
The specific time interval corresponding to the change in profit or loss was not stated.
It was not stated whether the address has currently reduced or closed its position.
The information in the text and the position status have not been independently verified.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
