🔥 Note: Abraxas Capital’s large short position was established starting in May and was previously the whale with the largest contract capital size on Hyperliquid. Since November, the address has continuously taken profits; its position size previously reached 920 million USD. 🔥
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Key points
01
P&L changed from -48,520,098.20 USD (-83.84%) to -46,171,259.13 USD (-80.43%).
02
The short’s average entry price is USD 2,304.03, and the current token price is USD 2,745.72.
03
The liquidation price is USD 4,064.49.
04
The position size is USD 287,017,263.40.
05
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
06
The post states that the large short position was established starting in May, that the address has continuously taken profits since November, and that its position size previously reached USD 920 million.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a data update for an ETH short position. A “short position” bets that the price will fall. It still shows a loss here, but both the loss amount and loss percentage are smaller than before, hence the “narrowing unrealized loss.” The liquidation price is a key position price metric listed in the post.
Why it matters to readers
These data show the loss, average entry price, current token price, liquidation price, and position size of a large ETH short position, which can be used to observe changes in the address’s position data.
Beginners can use this to understand contract-trading metrics such as short positions, unrealized losses, average entry price, liquidation price, and position size, but the post does not provide an on-chain calculation process that would allow these data to be independently verified.
Risks and unknowns
The address cannot be confirmed as belonging to Abraxas Capital based on the post alone.
The accuracy of the P&L, prices, liquidation price, and position size, or whether they correspond to the same point in time, cannot be verified based on the post alone.
The years for “May” and “November” are not specified.
“Continuously taking profits,” “previously reached USD 920 million,” and “previously a whale with the largest contract capital size on Hyperliquid” lack supporting evidence within the post.
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Related concepts
Short Position
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