Abraxas Capital Main address ETH short position unrealized loss widened to approximately 12795000 USD
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Abraxas Capital The main address’s ETH short position unrealized loss widened to approximately 12795000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position unrealized loss widening!
▫️ P&L: -10,240,709.44 USD (-19.56%) → -12,795,423.05 USD (-24.20%)
▫️ Average entry price: 2,322.64 USD▫️ Current coin price: 2,440.80 USD▫️ Liquidation price: 4,167.83 USD▫️ Position size: 264,322,760.40 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital Large short position began being established at May; previously, it was Hyperliquid the whale with the largest contract capital position size.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
Profit/loss changed from -10,240,709.44 USD (-19.56%) to -12,795,423.05 USD (-24.20%).
02
ETH The short position’s average entry price is 2,322.64 USD, and the current coin price is 2,440.80 USD。
03
The liquidation price is 4,167.83 USD, and the position size is 264,322,760.40 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The original text states that the address’s position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is profitable when prices decline. The text states that the current coin price is higher than the short position’s average entry price and discloses that the position’s loss has widened; the liquidation price is the risk price listed in the original text.
Why it matters to readers
This indicates that the disclosed ETH short position faces a greater unrealized loss, but the position of a single address cannot represent the overall market.
This can be understood as the address betting on ETH declining, while the text shows that the current price is higher than its short position’s average entry price.
Risks and unknowns
The information comes from a Telegram channel; the evidence does not provide independently verifiable on-chain position or P&L records.
It is impossible to confirm from this information alone whether the position currently still exists, has been reduced, or has been closed.
This cannot be used to determine ETH the overall market trend.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
