Abraxas Capital The main address increased its short position by 583.21 units ETH and the average price rose to 2,310.07 USD
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AT A GLANCE
According to the report,Abraxas Capital the main address increased its short position by 583.21 units ETH in short positions.
Article
🐳 【Abraxas Capital Main address】ETH Short position averaged down!
💰ETH increased its short position by 583.21 units, equivalent to approximately 2,134,848.17 USD▫️ Position size: 288,543,548.82 USD▫️ Average price: 2,307.81 USD → 2,310.07 USD▫️ Current P&L: -43,467,861.60 USD (-75.32%)
▫️ Current token price: 2,719.80 USD▫️ Liquidation price: 4,092.48 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began accumulating in May, and was previously Hyperliquid the whale with the largest futures capital position.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
According to the report,ETH the short position increased by 583.21 units, equivalent to approximately 2,134,848.17 USD。
02
The position size is 288,543,548.82 USD。
03
The average price changed from 2,307.81 USD to 2,310.07 USD。
04
Current profit/loss was -43,467,861.60 USD (-75.32%).
05
The current token price is 2,719.80 USD, and the liquidation price is 4,092.48 USD。
06
The address listed in the original text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
07
The original text states that this address was previously Hyperliquid the whale with the largest futures capital position, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a position update concerning a ETH futures short position. A short position bets on a price decline; the message lists the current P&L as negative, with the liquidation price at 4,092.48 USD。
Why it matters to readers
This indicates that an address referred to as Abraxas Capital the main address holds a large ETH short position, but a single message cannot confirm the market trend or the actual position.
This can help explain futures trading concepts such as short positions, average price, unrealized P&L, and liquidation price.
Risks and unknowns
The source of the message and the authenticity of the data were not independently verified in the original text.
The original text does not confirm whether the actual controller of the address is Abraxas Capital。
The original text does not explain how these position data were independently verified on-chain.
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Related concepts
Short Position
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