🔥 Note: Abraxas Capital's large short position was established starting in May. Previously, this was a whale with the largest contract capital scale on Hyperliquid. Since November, this address has been continuously taking profits, with the position size previously reaching 920 million USD. 🔥
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Key points
01
The post states that the ENA short position increased by 3,046,974.00 tokens, equivalent to approximately 652,438.16 USD.
02
The post lists the position size as 3,180,241.86 USD.
03
The post lists the average price change as 0.21 USD to 0.21 USD.
04
The post lists the current profit and loss as +19,846.84 USD (+6.24%).
05
The post lists the current token price as 0.21 USD and the liquidation price as 8.74 USD.
06
The address provided in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
07
The post states that the large short position was opened in May, and the address has been continuously taking profits since November, with the position size previously reaching 920 million USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This post describes an increase in an ENA short position. Short positions typically indicate that the holder expects the price to decline; the term "rolling" appears in the title, but the body does not explain the specific operational method.
Why it matters to readers
Position size, current profit/loss, and liquidation price help readers understand the short exposure and risk position displayed by the address.
Beginners should focus on distinguishing between "current profit" and "final realized profit": the post displays current P&L, and the body does not state whether these gains have been fully settled.
Risks and unknowns
It is impossible to confirm solely from the post whether the address belongs to Abraxas Capital.
The data sources, calculation methods, and accuracy of the listed positions, coin prices, P&L, and liquidation prices cannot be verified.
The body mentions May and November but does not specify the year.
The body does not explain the specific trading steps for this "rolling" operation.
Subsequent price changes or position outcomes cannot be confirmed from the post.
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Related concepts
Short Position
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