Labeled as Abraxas Capital's primary address, the SOL short position's unrealized loss widened to approximately 20270000 USD
BIBIBI
AT A GLANCE
A single Telegram channel stated that Abraxas Capital the main address's SOL short-position floating loss widened.
Article
🐳【Abraxas Capital Primary address】SOL Short position's unrealized loss widens!
▫️ P&L: -18,256,445.76 USD (-206.46%) → -20,272,723.19 USD (-224.15%)
▫️ Average entry price: 94.31 USD▫️ Current token price: 121.56 USD▫️ Liquidation price: 332.60 USD▫️ Position size: 90,442,318.74 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and it was previously the whale with the Hyperliquid largest contract position size.November, the address has continuously taken profits, and its position size previously reached 920000000 USD. 🔥
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Key points
01
The post stated that the Abraxas Capital primary address's SOL short position's unrealized loss increased from -18,256,445.76 USD（-206.46%) to -20,272,723.19 USD（-224.15%）。
02
The post listed an SOL average entry price of 94.31 USD, a current token price of 121.56 USD, and a liquidation price of 332.60 USD。
03
The position size listed in the post was 90,442,318.74 USD, and the address was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
04
The post stated that the address began establishing a May on Abraxas Capital large SOL short position and began continuously taking profits 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 typically profit when prices fall and come under pressure when prices rise. The current token price in the message is higher than the average price, so the address is described as having an unrealized loss; the liquidation price is the risk reference price listed in the message.
Why it matters to readers
If the data is accurate, this address's SOL short position is under pressure, but the position of a single address cannot represent SOL overall price or supply-and-demand trends.
This is unverified information about a large contract position and cannot, by itself, be used to determine SOL whether prices will rise or fall or to make trades.
Risks and unknowns
The information comes from a single Telegram channel and provides no independently verifiable on-chain or exchange evidence.
The original text alone cannot confirm that this address indeed belongs to Abraxas Capital。
It cannot be confirmed whether the position, profit or loss, liquidation price, and timing described in the message are accurate or still valid.
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Related concepts
Short Position
A contract position taken when a trader expects the underlying asset's price to fall.
