Abraxas Capital Main address ETH short-position unrealized loss narrows to approximately 20180000 USD
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AT A GLANCE
HyperInsight stated that the Abraxas Capital address's ETH short-position unrealized loss narrowed to approximately 20180000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short-position unrealized loss narrows!
▫️ P&L: -22,369,790.79 USD (-40.03%) → -20,183,216.33 USD (-36.41%)
▫️ Average entry price: 2,322.64 USD▫️ Current coin price: 2,505.04 USD▫️ Liquidation price: 4,023.60 USD▫️ Position size: 277,199,214.78 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began building from May; previously, it was a whale with the largest contract capital size.Hyperliquid November Since, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
Profit/loss changed from -22,369,790.79 USD (-40.03%) to -20,183,216.33 USD (-36.41%).
02
The position's average entry price is 2,322.64 USD, the current coin price is 2,505.04 USD, and the liquidation price is 4,023.60 USD。
03
The position size is 277,199,214.78 USD, and the address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
04
The original text stated that this large ETH short position began building from May; the address had previously been Hyperliquid the whale with the largest contract capital size.
05
The original text stated that this address has continued taking profits 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.
A short position typically indicates a bet on an asset's price declining. The data here shows that the relevant ETH position remains in a loss state, but both the loss amount and loss ratio have narrowed; if the price reaches the liquidation price, the position may face liquidation.
Why it matters to readers
This is a position of approximately 277000000 USD in ETH, with a relatively large size; it is worth monitoring whether the address continues taking profits or adjusts the position.
Beginners can use this to understand average entry price, unrealized loss, position size, and liquidation price: unrealized loss is unrealized book profit or loss, while the liquidation price is the price at which a position faces the risk of forced handling.
Risks and unknowns
The information comes from the Telegram channel HyperInsight; no independent verification materials were provided.
The original text alone cannot confirm that the address actually belongs to Abraxas Capital。
It cannot be confirmed whether the position is still being held, continues to be reduced, or has already been closed.
The original text does not specify the time interval for the change in P&L.
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Related concepts
Short Position
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