HyperInsight stated that the Abraxas Capital primary address's ETH short-position unrealized losses widened to approximately 45080000 USD
BIBIBI
AT A GLANCE
The post stated that the Abraxas Capital primary address's ETH short-position unrealized losses widened to approximately 45080000 USD。
Article
🐳【Abraxas Capital Primary Address】ETH Short Position Unrealized Losses Widen!
▫️ PnL: -43,053,357.20 USD (-75.82%) → -45,081,442.95 USD (-78.83%)
▫️ Average Entry Price: 2,304.06 USD▫️ Current Token Price: 2,735.29 USD▫️ Liquidation Price: 4,275.47 USD▫️ Position Size: 285,949,636.49 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was established on May, and this address was previously a whale with the largest contract position size on Hyperliquid.November, this address continuously took profits, and its position size previously reached 920000000 USD. 🔥
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Key points
01
The post labeled the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital primary address.”
02
The unrealized loss listed in the post widened from 43,053,357.20 USD（-75.82%) to 45,081,442.95 USD（-78.83%）。
03
The average entry price of the short position listed in the post was 2,304.06 USD, the current token price was 2,735.29 USD, and the liquidation price was 4,275.47 USD。
04
The position size listed in the post was 285,949,636.49 USD。
05
The post stated that the large short position was established on May, and that the address continuously took profits starting on November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions generally profit when prices fall. The ETH current token price listed in the post is higher than the average entry price of the short position; therefore, the position is at an unrealized loss. “Unrealized loss” refers to a mark-to-market loss calculated at the current price and does not equal an actual loss realized after closing the position.
Why it matters to readers
The post shows a relatively large ETH short position and changes in its unrealized losses, which can be used to observe whether the address subsequently reduces or closes the position, or approaches the liquidation price; however, data from a single address cannot prove that ETH will necessarily rise or fall afterward.
Beginners should distinguish among the average entry price, current token price, unrealized loss, and liquidation price, and avoid determining trading direction solely based on a single address's position.
Risks and unknowns
The source is a Telegram post and does not include independent on-chain transaction records; the address attribution and position data have not been independently verified.
“May” and “November” do not specify the year.
The post does not specify the exact time period corresponding to the change in unrealized losses.
It cannot be confirmed from the post alone whether the position was subsequently reduced, closed, or liquidated.
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Related concepts
Short Position
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