Abraxas Capital Main address ETH short position unrealized loss has expanded to 9397000 USD
BIBIBI
AT A GLANCE
A monitoring post stated Abraxas Capital the main address's ETH unrealized loss on its short position expanded to 9397000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss expands!
▫️ P&L: -6,799,317.44 USD (-13.38%) → -9,397,041.55 USD (-18.30%)
▫️ Average entry price: 2,322.73 USD▫️ Current coin price: 2,410.99 USD▫️ Liquidation price: 4,124.14 USD▫️ Position size: 256,684,951.85 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began accumulating on May, and was previously the whale with the largest contract position on Hyperliquid.November Since then, the address has continued taking profits; its position size had previously reached 920000000 USD。 🔥
Key points
01
The post stated that this ETH short position’s P&L changed from -6,799,317.44 USD（-13.38%）to -9,397,041.55 USD（-18.30%）。
02
The average entry price listed in the post was 2,322.73 USD, while the current coin price was 2,410.99 USD。
03
The liquidation price listed in the post was 4,124.14 USD, and the position size was 256,684,951.85 USD。
04
The address provided in the post was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post stated that the large short position began accumulating on May, and that the address had continued taking profits since November; its position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position profits when prices fall. The post shows that the current coin price is higher than the position’s average entry price, so the book loss has increased; “unrealized loss” refers to a loss that has not yet been finally confirmed through closing the position.
Why it matters to readers
The position is relatively large, and changes in its unrealized loss, average entry price, and liquidation price may provide clues for observing the pressure on the position and any subsequent reduction, closure, or addition of margin.
Do not conclude solely from “increased unrealized losses” that it will ETH necessarily rise or fall; distinguish between unrealized losses, realized losses, and actual liquidation, and wait for independent confirmation from position data.
Risks and unknowns
The original text does not include independently verifiable on-chain or platform position proof.
Whether this address is actually controlled by Abraxas Capital cannot be confirmed from the original text.
The original text does not specify the exact collection time of these data.
The original text does not disclose whether the position has already been reduced, closed, had margin added, or been liquidated.
Regarding position-building,May and continued profit-taking since November, previously reaching a scale of 920000000 USD and the claim that it was once the whale with the largest futures position size on Hyperliquid, none has been substantiated.
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Related concepts
Short Position
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