HyperInsight says Abraxas Capital main address ETH short-position floating loss widened to 40500000 USD
BIBIBI
AT A GLANCE
According to the channel, labeled as Abraxas Capital main address's ETH unrealized losses on the short position widened to approximately 40500000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss widening!
▫️ P&L: -37,690,429.42 USD (-67.65%) → -40,502,568.94 USD (-71.97%)
▫️ Average entry price: 2,304.06 USD▫️ Current coin price: 2,691.49 USD▫️ Liquidation price: 4,250.32 USD▫️ Position size: 281,370,762.48 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital Large short position began building on May; previously, it was Hyperliquid the whale with the largest contract capital size.November From then on, the address continued taking profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
The channel says the address's ETH short-position P&L increased from -37,690,429.42 USD to -40,502,568.94 USD。
02
The current coin price listed by the channel is 2,691.49 USD, and the average entry price is 2,304.06 USD。
03
The liquidation price listed by the channel is 4,250.32 USD, and the position size is 281,370,762.48 USD。
04
The channel stated that this address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The channel states that this address has maintained a large short position since May and had previously continued taking profits.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position profits when the price declines. If the price rises, a short position will typically incur an unrealized loss; the liquidation price is the price at which the position may face forced closure.
Why it matters to readers
This indicates that the labeled address's ETH short-position loss is expanding, but the position of a single address cannot represent ETH or Hyperliquid the overall trend of.
Beginners should distinguish between unrealized losses and realized losses, and should not determine market direction or trading opportunities based solely on a single channel message.
Risks and unknowns
The available evidence alone cannot currently confirm that this address indeed belongs to Abraxas Capital。
The evidence does not provide independent sources to verify the position, margin, or liquidation status.
The evidence does not show that the position has already been liquidated, nor does it explain whether it has had any actual impact on the market.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
