Abraxas Capital Main address added 1372800 units to its WLD short position
BIBIBI
AT A GLANCE
The report states that the Abraxas Capital address added 1372800 units to its WLD short position, with current unrealized profit of approximately 60700 USD。
Article
🐳 【Abraxas Capital Main address]WLD Short position rolled over!
💰WLD Added to short position 1,372,780.00 units, equivalent to approximately 738,861.34 USD▫️ Position size: 3,701,123.20 USD▫️ Average entry price: 0.53 USD → 0.52 USD▫️ Current P&L: +60,657.98 USD (+3.28%)
▫️ Current token price: 0.52 USD▫️ Liquidation price: 22.56 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and this address was previously the whale with the largest contract capital size on Hyperliquid.November; since then, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The report states that this address added WLD to its short position, totaling 1,372,780.00 units, equivalent to approximately 738,861.34 USD。
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The position size listed in the report is 3,701,123.20 USD。
03
The average entry price listed in the report changed from 0.53 USD to 0.52 USD。
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The current P&L listed in the report is +60,657.98 USD（+3.28%）。
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The current token price listed in the report is 0.52 USD, and the liquidation price is 22.56 USD。
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The address provided in the report is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
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The report states that this address's large WLD short position was opened on May, and claims that it was previously the whale with the largest contract capital size on Hyperliquid.
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The report states that this address November has continuously taken profits since then, and its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a report about changes in an address's WLD perpetual contract short position. A short position is a bet on a price decline; the report states that the address increased its short position and currently shows unrealized profit.
Why it matters to readers
If the reported data is accurate, this address's additional position may reflect the trader's cautious view of WLD in the short term, but a single address's position cannot represent the overall market direction.
Beginners can understand this as a change in a relatively large bearish position, but should not conclude from this report alone that WLD will definitely fall.
Risks and unknowns
The source is a Telegram channel, and no independent on-chain verification results were provided.
This evidence alone cannot confirm that the address belongs to Abraxas Capital。
It is not possible to verify the basis for descriptions in the report such as “the whale with the largest contract capital size” and “previously reached 920000000 USD.”
It is not possible to verify the specific years corresponding to May and November.
The calculation methodology between the liquidation price 22.56 USD and the current token price 0.52 USD is not specified.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
