Abraxas Capital The main address reduced its 10,115.76 coins SOL short position
BIBIBI
AT A GLANCE
The data state that the Abraxas Capital main address reduced its 10,115.76 coins SOL short position, with a current unrealized loss of approximately 7758000 USD。
Article
🐳 【Abraxas Capital Main address]SOL Short position cut loss!
💰SOL Reduced short position by 10,115.76 coins, equivalent to approximately 2,150,383.18 USD▫️ Position size: 76,667,876.78 USD▫️ Average entry price: 94.31 USD▫️ Current P&L: -7,757,957.70 USD (-70.83%)
▫️ Current token price: 104.93 USD▫️ Liquidation price: 349.73 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened on May, and it was previously the whale with the Hyperliquid largest contract capital size.November, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The data state that the SOL short position was reduced by 10,115.76 coins, equivalent to approximately 2,150,383.18 USD。
02
The position size listed in the data is 76,667,876.78 USD, with an average entry price of 94.31 USD。
03
The current P&L listed in the data is -7,757,957.70 USD(-70.83%)。
04
The current token price listed in the data is 104.93 USD, and the liquidation price is 349.73 USD。
05
The address listed in the data is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
Sources state that this address, from May onward, established a large SOL short position; it was previously Hyperliquid the whale with the largest contract position size; and it is said to have 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.
This information describes an account labeled as a Abraxas Capital main address reducing its SOL short position, and lists the reduction amount, position size, P&L, price, and liquidation price.
Why it matters to readers
It provides an on-chain market-observation clue regarding a large account adjusting its SOL short position, but this information alone cannot confirm the impact on the overall trend of SOL or Hyperliquid.
A short position bets on a price decline; reducing it means that portion of the position has decreased, but does not necessarily imply a bullish view.
Risks and unknowns
The information does not provide independently verifiable on-chain transaction links, timestamps, or corroborating sources.
The affiliation between this address and Abraxas Capital cannot be confirmed from this information alone.
This cannot be used to confirm SOL subsequent price direction or Hyperliquid overall capital changes.
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Related concepts
Short Position
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