Abraxas Capital Main address ETH short position floating loss narrowed to approximately 20190000 USD
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The post stated that the Abraxas Capital main address's ETH short position floating loss narrowed to approximately 20190000 USD。
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🐳【Abraxas Capital Main address】ETH Short position floating loss narrowed!
▫️ P&L: -22,225,937.21 USD (-39.80%) → -20,189,855.73 USD (-36.42%)
▫️ Average price: 2,322.64 USD▫️ Current token price: 2,505.10 USD▫️ Liquidation price: 4,027.80 USD▫️ Position size: 277,205,854.17 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May, and the address had previously been the whale with the largest contract position on Hyperliquid.November Since then, the address has continued taking profits; its position size had previously reached 920000000 USD。 🔥
Key points
01
The post labeled the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as the Abraxas Capital main address.
02
ETH The short position's P&L changed from -22,225,937.21 USD（-39.80%) to -20,189,855.73 USD（-36.42%）。
03
The post listed an average price of 2,322.64 USD, a current token price of 2,505.10 USD, and a liquidation price of 4,027.80 USD。
04
The position size listed in the post was 277,205,854.17 USD。
05
The post stated that the large short position was opened in May, and that the address had continued taking profits since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that bets on an asset's price falling; a narrowing floating loss means that the loss amount listed in the post has decreased, but does not mean that a profit has been realized or that the position has been closed. The liquidation price is the price at which the position may be forcibly closed.
Why it matters to readers
This provides an update on the position size, P&L, and liquidation price of the address's ETH short position, but reflects only a single address and cannot by itself indicate the ETH overall market direction.
Beginners can use this to distinguish between floating P&L and realized P&L, and should also note that a post from a single channel cannot independently prove address ownership or position data.
Risks and unknowns
Whether the address in fact belongs to Abraxas Capital, no independent verification was provided in the evidence.
Whether the position size, P&L, average price, and liquidation price are accurate, no on-chain or platform-source data was provided in the evidence.
It cannot be confirmed whether the address has already closed the position, continued taking profits, added to the position, or been liquidated.
“May” and “November” correspond to specific years was not made clear.
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Related concepts
Short Position
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