Abraxas Capital The main address was labeled as adding to its ETH short position, with a position of approximately 277000000 USD
BIBIBI
AT A GLANCE
An address added to its 254.82 units ETH short position, with a labeled position size of approximately 277000000 USD。
Article
🐳 【Abraxas Capital Main address】ETH Averaging down on short positions!
💰ETH Added to short position 254.82 units, approximately equivalent to 2,125,121.66 USD▫️ Position size: 276,561,168.78 USD▫️ Average price: 2,322.28 USD → 2,322.63 USD▫️ Current P&L: -16,868,463.32 USD (-30.50%)
▫️ Current token price: 2,473.50 USD▫️ Liquidation price: 3,924.77 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was initiated in May; previously, it was Hyperliquid the whale with the largest futures capital position.November Since then, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
ETH Added to short position 254.82 units, approximately equivalent to 2,125,121.66 USD。
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Position size: 276,561,168.78 USD。
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Average price changed from 2,322.28 USD to 2,322.63 USD。
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Current profit/loss was -16,868,463.32 USD (-30.50%).
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Current token price: 2,473.50 USD, liquidation price: 3,924.77 USD。
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The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
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The original text described this address as the Abraxas Capital main address and stated that its large short position was initiated in May.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This Telegram message stated that a wallet labeled as the Abraxas Capital main address increased its ETH short position, and displayed data including position size, average price, P&L, and liquidation price.
Why it matters to readers
If the position and attribution data are accurate, the address still holds a large ETH short position; however, a single piece of information cannot confirm its authenticity or represent the direction of the overall market.
A short position generally indicates a bet on a price decline; the liquidation price is a reference price at which the position may be forcibly closed due to price movements.
Risks and unknowns
The evidence provided no independent on-chain data, transaction hash, or platform position screenshot.
The evidence did not prove that this address actually belongs to Abraxas Capital。
The evidence did not specify how these position data were collected.
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Related concepts
Short Position
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