Abraxas Capital Main address ETH short position reportedly saw its floating loss widen to 43780000 USD
BIBIBI
AT A GLANCE
The post stated that the Abraxas Capital's ETH short position floating loss widened to 43785000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position floating loss is widening!
▫️ P&L: -40,878,914.74 USD (-72.55%) → -43,785,140.71 USD (-76.91%)
▫️ Average price: 2,304.06 USD▫️ Current token price: 2,722.89 USD▫️ Liquidation price: 3,992.78 USD▫️ Position size: 284,653,334.26 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began to be built on May, and the address was previously the whale with the largest contract position on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The post stated that the Abraxas Capital main address's ETH short position floating loss increased from 40,878,914.74 USD to 43,785,140.71 USD。
02
The current token price listed in the post was 2,722.89 USD, and the average price was 2,304.06 USD。
03
The liquidation price listed in the post was 3,992.78 USD, and the position size was 284,653,334.26 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post stated that the address's position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short selling is a bet on a price decline; when the price rises, a short position will usually incur losses. The liquidation price is the risk price indicated in the post, but this position information has not been independently verified.
Why it matters to readers
This is a relatively large ETH short-position loss disclosure; if the position, liquidation price, and address correspondence are accurate, subsequent closing of the position or price changes may affect the risk assessment.
Beginners should focus on the short-position direction, unrealized-loss percentage, position size, and liquidation price, but should not confirm the actual position based solely on this post.
Risks and unknowns
The source is a Telegram channel and provides no independently verifiable on-chain or Hyperliquid position evidence.
It cannot be confirmed from the available evidence alone whether this address still holds the short position.
It cannot be confirmed that the address mentioned in the post indeed belongs to Abraxas Capital。
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Related concepts
Short Position
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