Abraxas Capital The address labeled as the main address ETH The short position's unrealized loss narrowed to approximately 8610000 USD
BIBIBI
AT A GLANCE
The channel said that the Abraxas Capital main address's ETH short position's unrealized loss narrowed, but the address attribution and position data have not yet been verified.
Article
🐳【Abraxas Capital Main Address】ETH Short Position Unrealized Loss Narrows!
▫️ Profit/Loss: -11,363,355.38 USD (-21.99%) → -8,608,878.41 USD (-16.84%)
▫️ Average Entry Price: 2,322.65 USD▫️ Current Token Price: 2,403.60 USD▫️ Liquidation Price: 4,138.48 USD▫️ Position Size: 255,623,970.46 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be opened on May, and the address was previously a whale with Hyperliquid's largest contract position size.November, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The original text stated that this ETH short position's profit/loss changed from -11,363,355.38 USD（-21.99%） to -8,608,878.41 USD（-16.84%）。
02
The average entry price listed in the original text was 2,322.65 USD, the current token price was 2,403.60 USD, and the liquidation price was 4,138.48 USD。
03
The position size listed in the original text was 255,623,970.46 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text stated that the large short position began to be opened on May, and that the address had continuously taken profits since November, with its position size previously reaching 920000000 USD。
06
The original text states that this address was previously the whale with the largest contract capital on Hyperliquid.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that may profit when prices fall. The data in the text show that this ETH short position remains at a loss, but both the amount and percentage of the loss are smaller than before, hence the term “unrealized loss narrowed.” The liquidation price is a reference price at which the position may be forcibly closed.
Why it matters to readers
The position size stated in the text is relatively large. Its increases, reductions, or closure may attract market participants' attention; however, this only describes the channel's account of a specific address's position and cannot be used to confirm the overall market direction.
Beginners may use this as a clue for observing large derivatives positions, but should not make trading decisions based solely on a single address label, changes in unrealized losses, or a liquidation price.
Risks and unknowns
The original text did not provide independently verifiable on-chain or exchange position evidence.
It cannot be confirmed from the original text alone that this address is indeed Abraxas Capital。
It cannot be confirmed whether the listed position, profit/loss, token price, and liquidation price remain current.
The original text does not specify the exact time period corresponding to the P&L change.
The original text's statements regarding May、November and the previous 920000000 USD position size were not accompanied by verification materials.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
