Abraxas Capital Address PUMP Short-position unrealized loss widening
BIBIBI
AT A GLANCE
The channel stated that the Abraxas Capital Main address's PUMP short-position unrealized loss increased to 5942500 USD。
Article
🐳【Abraxas Capital Main address】PUMP Short-position unrealized loss widening!
▫️ P&L: -3,918,551.57 USD (-101.74%) → -5,942,478.69 USD (-139.62%)
▫️ Average entry price: 0.0{2}460 USD▫️ Current coin price: 0.0{2}639 USD▫️ Liquidation price: 0.05 USD▫️ Position size: 21,281,194.22 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May; previously, this whale had the largest derivatives position on Hyperliquid.November Since then, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The original text stated that the PUMP short position's P&L changed from -3,918,551.57 USD（-101.74%) to -5,942,478.69 USD（-139.62%）。
02
The average entry price listed in the original text was 0.0{2}460 USD, the current coin price was 0.0{2}639 USD, and the liquidation price was 0.05 USD。
03
The position size listed in the original text was 21,281,194.22 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text stated that the large short position was opened on May; this address has continued taking profits since November, and its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This material indicates that a wallet labeled by the channel as the Abraxas Capital Main address held a PUMP short position. A short position typically profits when the coin price falls; the material states that the listed current coin price is higher than the average entry price and that the loss amount and loss percentage had increased further.
Why it matters to readers
The P&L and position-size changes of the large short position may be of interest to traders. The material also lists the current coin price, liquidation price, and position size, which can be used to continue monitoring whether the address reduces or closes the position or is liquidated. However, the actual position and ownership cannot be confirmed solely from this channel message.
Beginners can understand this as a large trader betting on PUMP a price decline, but the material indicates that the price movement was unfavorable to the short position. Do not treat a single address's position or a channel label as established fact or trading advice.
Risks and unknowns
Whether the address truly belongs to Abraxas Capital has not been verified by evidence beyond the original text.
The stated position direction, size, P&L, average entry price, current coin price, and liquidation price have not been independently verified.
“0.0{2}460 USD” and “0.0{2}639 USD” are unclear in terms of the specific numerical notation used.
The original text did not specify the exact time points corresponding to the P&L changes.
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The original text did not confirm whether the position still exists or has been reduced, closed, hedged, or had margin added.
The original text's claim regarding May、November and the previously reported 920000000 USD position size does not provide a year or supporting evidence.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
