Monitoring indicates that Abraxas Capital main address increased its short position by approximately 280000 USD ENA short position
BIBIBI
AT A GLANCE
The original text states that Abraxas Capital the main address increased its holdings by 1,128,830 units of ENA short positions, with current profit and loss of -29,480.20 USD。
Article
🐳 【Abraxas Capital Main Address]ENA Short position averaged down!
💰ENA Increased short position 1,128,830.00 tokens, equivalent to approximately 279,946.22 USD▫️ Position size: 1,280,553.55 USD▫️ Average entry price: 0.21 USD → 0.21 USD▫️ Current profit and loss: -29,480.20 USD (-23.02%)
▫️ Current token price: 0.22 USD▫️ Liquidation price: 21.17 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began establishing positions on May; it was previously a whale with the largest contract position size on Hyperliquid.November; since then, the address has continuously taken profits, and its position size previously reached 920000000 USD. 🔥
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Key points
01
ENA Increased short position by 1,128,830.00 tokens; the original text states this is equivalent to approximately 279,946.22 USD。
02
Position size is 1,280,553.55 USD。
03
Average entry price is shown as 0.21 USD→0.21 USD。
04
Current profit/loss was -29,480.20 USD (-23.02%).
05
Current token price is 0.22 USD, and liquidation price is 21.17 USD。
06
The address listed in the original text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
07
The original text states that this large short position began to be established on May,November Since then, the address has continuously taken profits, and the position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This content describes changes in an address's ENA short position: the address increased its short position, while the original text indicates that the position is currently at a loss. A short position generally reflects a trading view that the price will decline.
Why it matters to readers
Position size, profit and loss, the current token price, and the liquidation price may be used to observe the position status of the address described in the original text, but neither these data nor the ownership of the address has been independently verified.
Beginners can use this to understand fields such as short positions, position size, average entry price, profit and loss, and liquidation price, but should not make trading decisions based solely on a single address report.
Risks and unknowns
The original text alone cannot confirm that this address indeed belongs to Abraxas Capital。
The original text does not explain the verification method or statistical methodology for the on-chain data.
The original text also provides the current token price 0.22 USD and liquidation price 21.17 USD, but does not explain how the liquidation price was calculated.
“May”“November No specific year was indicated.
“the whale that previously had the largest contract fund size on Hyperliquid” and “previously reached 920000000 USD” are statements from the original text and lack further evidence.
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Related concepts
Short Position
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