HyperInsight labels it as Abraxas Capital the main address's BTC short position unrealized loss narrowed to approximately 19460000 USD
BIBIBI
AT A GLANCE
The post stated that the Abraxas Capital main address holds BTC in short positions, with its unrealized loss narrowing from 21684500 USD to 19457700 USD。
Article
🐳【Abraxas Capital Main address】BTC Short position's unrealized loss narrows!
▫️ Profit/loss: -21,684,541.73 USD (-46.44%) → -19,457,697.65 USD (-42.07%)
▫️ Average entry price: 75,949.40 USD▫️ Current token price: 82,927.40 USD▫️ Liquidation price: 147,518.12 USD▫️ Position size: 231,237,653.01 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began establishing positions on May, and was previously the whale with the largest contract capital size.Hyperliquid the whale with the largest contract capital size.November, the address has continuously taken profits, and its position size previously reached 920000000 USD. 🔥
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Key points
01
The change in profit/loss listed in the post was -21,684,541.73 USD（-46.44%） to -19,457,697.65 USD（-42.07%）。
02
The average entry price listed in the post was 75,949.40 USD, the current token price was 82,927.40 USD, and the liquidation price was 147,518.12 USD。
03
The position size listed in the post was 231,237,653.01 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post stated that the large short position began establishing positions on May, and that the address has continuously taken profits since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information describes a wallet identified as the Abraxas Capital main address holding a BTC short position. Short positions are generally more favorable when prices fall. The post indicates that the position remains at an unrealized loss, but both the loss amount and the loss percentage have narrowed.
Why it matters to readers
The position size listed in the post is relatively large, and its subsequent reduction, profit-taking, or position changes may attract market participants’ attention. However, the position of a single address alone cannot prove BTC the direction of the price going forward.
Newcomers may view this as an observation of a large position; they should not judge price movements or follow trades based solely on this post, but should first verify the address attribution and the real-time position.
Risks and unknowns
Whether the address indeed belongs to Abraxas Capital Cannot be independently confirmed from the post.
The listed positions, profit and loss, coin prices, and liquidation prices have no independently verifiable support in the evidence provided.
The specific reason for the narrowing of the unrealized loss cannot be confirmed from the post.
The post did not provide the years corresponding to “May” and “November”.
It is unknown whether the current position has changed or been closed.
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Related concepts
Short Position
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