Monitoring reports that Abraxas Capital the tagged address's ETH short position floating loss has widened
BIBIBI
AT A GLANCE
The post stated that the unrealized loss on the ETH short position of Abraxas Capital's main address widened from 36927500 USD to 39164500 USD.
Article
🐳【Abraxas Capital Main address】ETH Short position floating loss widening!
▫️ P&L: -36,927,474.56 USD (-66.47%) → -39,164,464.15 USD (-69.93%)
▫️ Average entry price: 2,304.03 USD▫️ Current coin price: 2,678.69 USD▫️ Liquidation price: 4,232.60 USD▫️ Position size: 280,010,468.43 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May, and the wallet was previously the largest whale by contract position size on Hyperliquid.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
The P&L listed in the post changed from -36,927,474.56 USD（-66.47%）to -39,164,464.15 USD（-69.93%）。
02
with an average entry price of 2,304.03 USD, a current coin price of 2,678.69 USD。
03
and a liquidation price of 4,232.60 USD, with a position size of 280,010,468.43 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post stated that the large short position was opened beginning in the calendar month of May, that the address had continued taking profits since the calendar month of November, and that the position had previously reached 920000000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position typically profits when the asset price falls and loses when it rises. The current price in the post was above the average entry price, so the listed position had an unrealized loss; unrealized loss means a paper loss that has not been finalized by closing the position.
Why it matters to readers
The post presented a large ETH short position whose unrealized-loss ratio and liquidation price can be used to observe the price risk currently borne by the position.
Beginners can use this to understand short positions, average entry price, unrealized loss, and liquidation price, but should not treat one address's position as a guarantee of price direction or as trading advice.
Risks and unknowns
The post alone cannot confirm that the address is controlled by Abraxas Capital.
It could not be confirmed whether the listed position, asset price, profit and loss, and liquidation-price data were accurate or still current.
The calendar months of May and November did not specify a year.
The post did not state the specific time corresponding to each of the two profit-and-loss figures.
The post did not provide independent evidence proving that the account had been the whale with the largest contract capital on Hyperliquid.
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Related concepts
Short Position
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