Abraxas Capital Main address BTC short position floating loss narrowed to approximately 17590000 USD
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AT A GLANCE
According to the source,Abraxas Capital the main address's BTC short position floating loss narrowed from approximately 19700000 USD to approximately 17590000 USD。
Article
🐳【Abraxas Capital Main address]BTC Short position floating loss narrowing!
▫️ P&L: -19,695,023.15 USD (-41.91%) → -17,588,737.79 USD (-37.76%)
▫️ Average entry price: 76,098.40 USD▫️ Current coin price: 82,315.42 USD▫️ Liquidation price: 149,259.14 USD▫️ Position size: 232,881,037.32 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began accumulating from May and was previously a whale with the largest contract position size.Hyperliquid November Since 920000000 USD。 🔥
Key points
01
According to the source,Abraxas Capital the main address holds a BTC short position.
02
The floating loss changed from 19,695,023.15 USD（-41.91%) to 17,588,737.79 USD（-37.76%）。
03
The average entry price is 76,098.40 USD, the current coin price is 82,315.42 USD, and the liquidation price is 149,259.14 USD。
04
The position size is 232,881,037.32 USD。
05
According to the source, this address's position size previously reached 920000000 USD, and it has continued taking profits since November.
06
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that bets on a price decline; a narrowing floating loss means the loss currently shown for that position has decreased, but the source does not explain whether the change resulted from price movement, adding to the position, or reducing the position.
Why it matters to readers
If the disclosure is accurate, this indicates that the realized paper loss on a single large BTC short position has decreased; however, this does not support a conclusion about the BTC overall price direction or market supply and demand.
Focus on the position direction, position size, average entry price, and liquidation price; do not treat unverified data from a single address as a market trend.
Risks and unknowns
The information comes from a Telegram channel and does not provide independently verifiable on-chain or exchange records.
The source does not clearly explain the specific transaction or price-movement path corresponding to the change in floating loss.
The ownership of the address and Abraxas Capital has not been verified outside the original text.
The claims of “continued profit-taking” and the previous 920000000 USD position size lack independent verification.
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Related concepts
BTC
The abbreviation commonly used for Bitcoin when referring to it as a digital currency.
