Abraxas Capital The main address added 7 units BTC to its short position, with a position size of approximately 186000000 USD
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AT A GLANCE
Abraxas Capital The main address added 7 units BTC to its short position, with a position of approximately 186000000 USD and is currently at an unrealized loss.
Article
🐳 【Abraxas Capital Main address]BTC Short position flattened!
💰BTC Added to short position 7.00 units, worth approximately 2,002,989.28 USD▫️ Position size: 185,936,504.44 USD▫️ Average price: 76,388.70 USD → 76,393.20 USD▫️ Current P&L: -5,167,317.90 USD (-13.90%)
▫️ Current token price: 78,576.92 USD▫️ Liquidation price: 131,949.52 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened from May; previously, this was the whale with the Hyperliquid largest contract position size.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
Abraxas Capital The main address added BTC to its short position 7.00 units, worth approximately 2,002,989.28 USD。
02
Position size: 185,936,504.44 USD。
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Average price changed from 76,388.70 USD to 76,393.20 USD。
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Current profit/loss was -5,167,317.90 USD (-13.90%).
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Current token price: 78,576.92 USD, liquidation price: 131,949.52 USD。
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The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
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The source says this address was previously the whale with the Hyperliquid largest contract position size, and that its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a contract position that bets on a price decline. The address added 7 units BTC to its short position, bringing its position size to approximately 186000000 USD; the source indicates that it currently has an unrealized loss of approximately 5167000 USD。
Why it matters to readers
This is a relatively large change in a BTC contract position. Investors may monitor whether the address continues to add, reduce, or close the position.
This indicates that a single large holder is adjusting its BTC short position, but this information alone is not enough to determine the BTC overall market trend.
Risks and unknowns
The evidence comes from a single channel and has not been independently verified with on-chain data.
This evidence alone is insufficient to confirm the actual impact of this address's position on the overall BTC market.
The source does not specify the years for “opened the position from May” and “continued taking profits from November”.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
