Abraxas Capital Main address BTC short position unrealized loss widened to approximately 24420000 USD
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AT A GLANCE
The original text stated that the Abraxas Capital main address's BTC short position unrealized loss widened to approximately 24420000 USD。
Article
🐳【Abraxas Capital Main address]BTC Short position unrealized loss widens!
▫️ P&L: -22,240,066.04 USD (-47.07%) → -24,419,200.80 USD (-51.21%)
▫️ Average entry price: 75,920.80 USD▫️ Current token price: 84,584.09 USD▫️ Liquidation price: 131,684.47 USD▫️ Position size: 238,416,960.76 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May; it was previously the whale with the largest contract position size.Hyperliquid November Starting from, the address continuously took profits, and its position size had previously reached 920000000 USD. 🔥
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Key points
01
The original text stated that the Abraxas Capital main address holds BTC in short positions.
02
Profit/loss changed from -22,240,066.04 USD (-47.07%) to -24,419,200.80 USD (-51.21%).
03
The average entry price is 75,920.80 USD, and the current token price is 84,584.09 USD。
04
The liquidation price is 131,684.47 USD, and the position size is 238,416,960.76 USD。
05
The address listed in the original text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
The original text stated that this address's position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position generally represents a bet on a price decline; the negative P&L recorded here indicates that the position is currently at a loss.
Why it matters to readers
These data indicate that the negative P&L figure for the BTC short position described in the original text widened, but a single post cannot confirm the overall market direction.
Focus on P&L, position size, and liquidation price to understand the position's current performance and potential risks.
Risks and unknowns
The original text did not provide independently verifiable on-chain evidence.
It cannot be confirmed from the original text alone whether this address is controlled by Abraxas Capital.
It is not possible to determine BTC's subsequent price trend based on this information alone.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
