Monitoring reports that Abraxas Capital the main address increased its holdings by 785.59 units of ETH short position
BIBIBI
AT A GLANCE
This address increased its holdings by 785.59 units ETH short position, with holdings of approximately 288000000 USD, currently at an unrealized loss of approximately 47215800 USD。
Article
🐳 【Abraxas Capital main address】ETH Short position averaged down!
💰ETH Increased short position by 785.59 units, equivalent to 2,050,828.47 USD▫️ Position size: 287,787,625.78 USD▫️ Average price: 2,300.23 USD → 2,303.58 USD▫️ Current PnL: -47,215,786.22 USD (-82.03%)
▫️ Current coin price: 2,755.69 USD▫️ Liquidation price: 4,027.89 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened from May and was previously a whale with Hyperliquid the largest contract capital allocation.November Since then, the address has continued taking profits, with its position size previously reaching 920000000 USD. 🔥
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Key points
01
The original text says “Abraxas Capital main address” increased its 785.59 units of ETH short positions, equivalent to approximately 2,050,828.47 USD。
02
with a position size of 287,787,625.78 USD。
03
with the average price changing from 2,300.23 USD to 2,303.58 USD。
04
and the current PnL being -47,215,786.22 USD, with a ratio of -82.03%。
05
The current coin price listed in the original text is 2,755.69 USD, and the liquidation price is 4,027.89 USD。
06
The address listed in the original text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
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The annotation states that this large short position began being built from May began building the position from,November Since then, the address has continued taking profits; its position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information states that an on-chain address labeled as Abraxas Capital the main address continued to increase its ETH short position, and lists the position size, average entry price, current profit and loss, and liquidation price. The current token price is above the short position’s average entry price, and the page shows that the position is at a loss.
Why it matters to readers
This position is relatively large, and the original text indicates an unrealized loss ratio of -82.03%; the change between the current token price and the liquidation price warrants attention.
Beginners should distinguish between the short position’s average entry price, the current token price, and the liquidation price, and note that this is on-chain position information from a single source and should not be treated directly as trading advice.
Risks and unknowns
It cannot be confirmed from the original text alone that this address is indeed controlled by Abraxas Capital.
It cannot be confirmed how the listed data were calculated, whether they are accurate, or whether they remain current.
“May”“November”No specific year was stated.
“Previously the Hyperliquid whale with the largest contract capital scale” and historical 920000000 USD positions provided no further evidence.
The original text does not specify details of the leverage, margin, or liquidation mechanism used for this position.
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