Labeled as Abraxas Capital's main address, the ETH short position's unrealized loss has widened to approximately 40750000 USD
BIBIBI
AT A GLANCE
The channel stated that Abraxas Capital of the main address ETH short position's unrealized loss expanded to 40750000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position's unrealized loss widens!
▫️ P&L:-38,704,472.29 USD (-69.22%) → -40,753,466.14 USD (-72.35%)
▫️ Average entry price:2,304.06 USD▫️ Current token price:2,693.89 USD▫️ Liquidation price:4,225.06 USD▫️ Position size:281,621,659.68 USD📌 Address:0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and it was previously Hyperliquid the whale with the largest contract capital size.November; since then, the address has continuously taken profits, and its position size had previously reached 920000000 USD. 🔥
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Key points
01
The original text refers to the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address.”
02
The original text stated that the ETH short-position loss expanded from 38,704,472.29 USD（-69.22%） to 40,753,466.14 USD（-72.35%）。
03
The average entry price listed in the original text is 2,304.06 USD, the current token price is 2,693.89 USD, and the liquidation price is 4,225.06 USD。
04
The position size listed in the original text is 281,621,659.68 USD。
05
The original report stated that this large short position was opened on May and that the address had been continuously taking profits since November with the 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 address's ETH short-position data: the listed current coin price is higher than the average short entry price, while the unrealized loss ratio changed from -69.22% to -72.35%. The original text also provides the position size, liquidation price, and address.
Why it matters to readers
If the original data are accurate, this approximately 282000000 USD of ETH short position is incurring greater unrealized losses; subsequent changes in the position and the distance between the price and the stated liquidation price warrant attention.
Beginners may understand it as a snapshot of a large short position, but should not infer from a single channel's statement that ETH will subsequently move in a particular direction or that the position will necessarily be liquidated.
Risks and unknowns
Whether the address actually belongs to Abraxas Capital remains unverified, as the original text provides no verifiable evidence.
The data sources and calculation methodologies for the position, profit and loss, current coin price, and liquidation price are not stated.
“May”and“November”No specific year was indicated.
The original text does not prove that this position will be forcibly liquidated, nor does it explain its impact on the overall market.
The information comes from a Telegram channel and has not been independently verified.
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Related concepts
Short Position
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