Abraxas Capital Main address ETH The short-position unrealized loss narrowed to approximately 17220000 USD
BIBIBI
AT A GLANCE
The original text states that Abraxas Capital the main address’s ETH short-position unrealized loss narrowed from 19373000 USD to 17215100 USD。
Article
🐳【Abraxas Capital Main address】ETH Short-position unrealized loss narrows!
▫️ P&L: -19,372,999.47 USD (-34.71%) → -17,215,073.23 USD (-31.08%)
▫️ Average price: 2,322.63 USD▫️ Current coin price: 2,476.60 USD▫️ Liquidation price: 3,921.18 USD▫️ Position size: 276,907,778.69 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established in May, and this address was previously the whale with the largest contract capital on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The P&L listed in the original text changed from -19,372,999.47 USD（-34.71%) to -17,215,073.23 USD（-31.08%）。
02
The average price listed in the original text was 2,322.63 USD, the current coin price was 2,476.60 USD, and the liquidation price was 3,921.18 USD。
03
The position size listed in the original text was 276,907,778.69 USD。
04
The address listed in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text states that the large short position began to be established in May and that the address has continuously taken profits since November, with its position size previously reaching 920000000 USD。
06
The original text states that this address was previously the whale with the largest contract capital on Hyperliquid.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This content states that an account labeled as Abraxas Capital the main address holds a ETH short position. The current coin price is higher than its average price, so it remains at a loss on paper; however, both the listed loss amount and loss percentage have declined, which is what is meant by “unrealized loss narrows.” The liquidation price is a price reference for the potential liquidation of the position listed in the original text, but the text does not provide the margin, leverage, or original trading records.
Why it matters to readers
The position is large, and its P&L, profit-taking, and liquidation price can serve as clues for observing changes in this address’s position; however, data from a single address cannot confirm ETH the overall market direction.
Beginners should distinguish between “unrealized loss narrows” and “has become profitable”: the return is still negative here; only the unrealized loss has become smaller. It should also be understood that the address label and position data provided by the channel have not been independently verified.
Risks and unknowns
The original text does not provide an independently verifiable on-chain position link or original trading records.
The original text alone cannot confirm that this address is controlled by Abraxas Capital.
“May” and “November” do not specify a year.
The original text does not specify the exact time corresponding to either set of P&L data.
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The original text does not provide the margin, leverage, or liquidation price calculation method.
It is impossible to determine ETH the overall market trend from a single address.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
