On-chain data monitoring indicates that Abraxas Capital the main address increased its 1040000 units of XRP short position
BIBIBI
AT A GLANCE
This address increased its holdings 1041000 coins XRP short positions, with a position size of approximately 27490000 USD。
Article
🐳 【Abraxas Capital Main address】XRP Short position averaged down!
💰XRP Increased short position by 1,041,122.00 units, equivalent to approximately 2,171,091.40 USD▫️ Position size:27,487,812.49 USD▫️ Average price:1.48 USD → 1.48 USD▫️ Current P&L:-1,760,430.08 USD (-32.02%)
▫️ Current coin price:1.59 USD▫️ Liquidation price:9.45 USD📌 Address:0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May and was previously Hyperliquid the whale with the largest contract capital size.November Starting 920000000 USD, this address has continued taking profits; its position size previously reached Hyperliquid. 🔥
On-chain Perp live-trading social network graph, view the most comprehensive https://www.tradingbeats.xyz
Key points
01
The text states Abraxas Capital the main address added to its position XRP short position 1,041,122.00 tokens, approximately equivalent to 2,171,091.40 USD。
02
The position size listed in the text is 27,487,812.49 USD。
03
The average entry price listed in the text is 1.48 USD, with current profit/loss of -1,760,430.08 USD（-32.02%）。
04
The current token price listed in the text is 1.59 USD, with a liquidation price of 9.45 USD。
05
The address provided in the text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
The text states that this large short position began to be built on May, and November the address has continuously taken profits since then; the position size 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 a primary address increased its XRP short position, and lists the position size, average entry price, profit and loss, current token price, and liquidation price.
Why it matters to readers
It provides this address's XRP short position size, P&L, liquidation price, and other specific data.
A short position generally indicates a bet on a price decline; the liquidation price is the relevant price metric stated in the text.
Risks and unknowns
The text does not specify which years correspond to “May” and “November”.
The on-chain data, address attribution, and position description in the text have not been verified against other sources.
“Hyperliquid No basis is provided for assertions such as “a whale with the largest contract capital scale.”
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
