Abraxas Capital Main Address BTC's short position unrealized loss narrows to 25970000 USD
BIBIBI
AT A GLANCE
A monitoring post states that the Abraxas Capital short position of the address labeled BTC has seen its unrealized loss narrow.
Article
🐳【Abraxas Capital Main Address]BTC Short Position Unrealized Loss Narrows!
▫️ P&L: -28,292,863.41 USD (-58.93%) → -25,970,348.14 USD (-54.62%)
▫️ Average Entry Price: 75,949.40 USD▫️ Current Token Price: 85,264.00 USD▫️ Liquidation Price: 138,407.37 USD▫️ Position Size: 237,727,420.71 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and the address 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。 🔥
Key points
01
The post shows that the BTC short position P&L changed from -28,292,863.41 USD（-58.93%） to -25,970,348.14 USD（-54.62%）。
02
The average entry price listed in the post is 75,949.40 USD, the current token price is 85,264.00 USD, and the liquidation price is 138,407.37 USD。
03
The position size listed in the post is 237,727,420.71 USD。
04
The address provided in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post states that the large short position was opened on May, and that the address has continuously taken profits since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions generally profit when token prices fall and incur losses when they rise. Here, the unrealized loss decreased from approximately 28290000 USD to approximately 25970000 USD, and is therefore described as an “unrealized loss narrowing”; however, the position remains at an unrealized loss.
Why it matters to readers
This set of data can be used to observe the position pressure and potential liquidation risk of the BTC short position shown for this address, but changes in a single address's position cannot prove how BTC prices will move.
Beginners should distinguish between an “unrealized loss narrowing” and “already profitable”: the former only means that the unrealized loss has decreased; it does not mean the position is already profitable or has been closed.
Risks and unknowns
The provided materials do not include independently verifiable on-chain or platform records, so the position parameters cannot yet be confirmed.
It cannot be confirmed from the post alone that this address is controlled by Abraxas Capital.
The original text only states “May” and “November” without specifying the year.
The post does not specify the exact time points to which the two sets of P&L data correspond.
It is unknown whether the subsequent token price, position size, direction, or liquidation price changed.
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Related concepts
Short Position
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