Abraxas Capital Main address BTC The main address’s short-position floating loss narrowed to approximately 14750000 USD
BIBIBI
AT A GLANCE
A monitoring post says that Abraxas Capital the main address’s BTC short-position floating loss narrowed from 16756500 USD to 14751100 USD。
Article
🐳【Abraxas Capital Main address】BTC Short position floating loss narrows!
▫️ P&L: -16,756,532.25 USD (-36.77%) → -14,751,052.31 USD (-32.66%)
▫️ Average entry price: 76,204.70 USD▫️ Current coin price: 81,529.99 USD▫️ Liquidation price: 144,871.23 USD▫️ Position size: 225,838,092.66 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May, and the address was previously the whale with the largest contract position on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The post labels the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address.”
02
The BTC short-position P&L changed from -16,756,532.25 USD(-36.77%)to -14,751,052.31 USD(-32.66%)。
03
The post lists the average entry price as 76,204.70 USD, and the current coin price as 81,529.99 USD。
04
The post lists the liquidation price as 144,871.23 USD, with a position size of 225,838,092.66 USD。
05
The post says that the large short position was opened in May and says 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.
Short positions generally profit when the BTC price falls and lose when it rises. Here, both the loss amount and loss percentage became smaller, so it was described as “floating loss narrowing”; however, the position remains in a floating-loss state. The liquidation price is the price level listed in the post that could trigger forced liquidation.
Why it matters to readers
Approximately 226000000 USD has a relatively large short position, and changes in its P&L and position reduction may draw traders’ attention. However, this information describes only one address’s position and cannot confirm that BTC the price will rise or fall next.BTC the price will rise or fall next.
Beginners can treat this as an observation clue for a large leveraged position, not a trading instruction; distinguish between narrowing floating loss, actual profit, and a position that has already been closed.
Risks and unknowns
The original text provides no independently verifiable trading records, so the claim that the address belongs to Abraxas Capital cannot be confirmed.
It is unknown whether the listed price, P&L, liquidation price, and position size are still real-time data.
The original text does not specify the leverage used for the position, the margin structure, or whether position reduction will continue.
Claims that it was “previously the whale with the largest contract position on Hyperliquid,” as well as claims about its historical position size, are not supported by verification evidence in the original text.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.