Abraxas Capital The labeled address increased its HYPE short position
BIBIBI
AT A GLANCE
The post stated that a wallet labeled Abraxas Capital main address increased its 26,078.84 tokens HYPE short position.
Article
🐳 【Abraxas Capital Main address]HYPE Short position averaged!
💰HYPE Increased short position 26,078.84 tokens, equivalent to approximately 2,252,955.49 USD▫️ Position size: 49,517,056.63 USD▫️ Average price: 72.82 USD → 73.42 USD▫️ Current profit/loss: -7,354,459.80 USD (-74.26%)
▫️ Current token price: 86.22 USD▫️ Liquidation price: 313.17 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and was previously the whale with the largest contract position size on Hyperliquid.November, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The post stated that the HYPE short position was increased by 26,078.84 tokens, equivalent to approximately 2,252,955.49 USD。
02
The position size listed in the post is 49,517,056.63 USD。
03
The post stated that the average price changed from 72.82 USD to 73.42 USD。
04
The current profit/loss listed in the post is -7,354,459.80 USD（-74.26%), the current token price is 86.22 USD, and the liquidation price is 313.17 USD。
05
The address provided in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
The post's note stated that this large short position began to be established on May, and that the address has continuously taken profits since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position generally profits when the price declines. “Averaging” here means continuing to increase the short position, causing the average price listed in the post to rise from 72.82 USD to 73.42 USD. According to the post's data, the position is currently at a loss.
Why it matters to readers
This is a relatively large HYPE short position, according to the post. Its direction of increase, unrealized loss, and liquidation price may draw attention from market participants; however, neither the address ownership nor the position data has been independently verified.
Beginners may view this as a position clue for a single large address, rather than a conclusion that HYPE will necessarily rise or fall. They should first verify the address's positions, trades, and whether it subsequently increases the position, closes the position, or changes direction.
Risks and unknowns
It cannot be confirmed from this post alone that the address belongs to Abraxas Capital。
The position size, increase amount, average price, profit/loss, token price, and liquidation price cannot be independently confirmed from this post alone.
The post only states “May” and “November” without specifying the corresponding year.
No evidence was provided as to how this position would affect the price of HYPE.
It is unknown whether the address will continue increasing the position, close the position, or change direction.
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Related concepts
Short Position
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