Monitoring reports that Abraxas Capital the main address increased its 4480000 units of XPL short position
BIBIBI
AT A GLANCE
One address increased its holdings XPL Short position 4480000 units, with a position size of approximately 2749000 USD。
Article
🐳 【Abraxas Capital Main address】XPL Short position averaged down!
💰XPL Increased short position by 4,481,246.00 units, equivalent to approximately 488,813.14 USD▫️ Position size: 2,748,904.71 USD▫️ Average price: 0.10 USD → 0.10 USD▫️ Current profit/loss: -153,782.00 USD (-16.78%)
▫️ Current token price: 0.10 USD▫️ Liquidation price: 4.57 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May; previously, it was Hyperliquid the whale with the largest contract capital allocation.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD. 🔥
On-chain Perp real-time social network map; view the most comprehensive Hyperliquid on-chain data:https://www.tradingbeats.xyz
Key points
01
XPL Increased short position by 4,481,246.00 units, equivalent to approximately 488,813.14 USD。
02
Position size: 2,748,904.71 USD。
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Average price: 0.10 USD→0.10 USD。
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Current profit/loss was -153,782.00 USD (-16.78%).
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Current token price: 0.10 USD, liquidation price: 4.57 USD。
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The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
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The text states that Abraxas Capital the large short position was opened starting May.
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The post states that this address was previously known as Hyperliquid the whale with the largest contract capital size.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information states that an address associated with Abraxas Capital increased its XPL bearish position. A short position indicates a bet that the price will decline; the liquidation price is the price at which the position may be forcibly closed.
Why it matters to readers
Increasing a short position means that the address’s XPL bearish position became larger; the post also listed the position size, current profit and loss, and liquidation price.
Beginners can use this to understand such derivatives-trading metrics as short positions, position size, unrealized profit and loss, and liquidation price.
Risks and unknowns
This is a Telegram post and provides no independent verification source.
The post’s statement about the “address’s relationship with Abraxas Capital” is not supported by further evidence.
The post’s descriptions, such as “previously being Hyperliquid the whale with the largest contract capital size,” are not supported by verification evidence.
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Related concepts
Short Position
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