Abraxas Capital Main address HYPE short-position unrealized loss narrowed, with the position size at approximately 57580000 USD
BIBIBI
AT A GLANCE
The monitoring channel stated that the wallet labeled Abraxas Capital as the main address held HYPE in short positions, and that the unrealized loss had narrowed.
Article
🐳【Abraxas Capital Main address】HYPE Short-position unrealized loss narrowed!
▫️ P&L: -15,506,236.10 USD (-129.92%) → -13,409,259.43 USD (-116.44%)
▫️ Average price: 70.18 USD▫️ Current token price: 91.49 USD▫️ Liquidation price: 326.01 USD▫️ Position size: 57,578,120.92 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May; previously, it was Hyperliquid the whale with the largest contract capital size.November Since 920000000 USD。 🔥
Key points
01
The channel stated that the address’s HYPE short-position unrealized loss changed from 15,506,236.10 USD（-129.92%）to 13,409,259.43 USD（-116.44%）。
02
The channel listed the HYPE average price as 70.18 USD, the current token price as 91.49 USD, and the liquidation price as 326.01 USD。
03
The position size listed by the channel was 57,578,120.92 USD。
04
The channel stated that this address was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The channel stated that the address’s large short position was opened starting May, and that November it had continued taking profit, with the position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position indicates a bet on a price decline; a narrowing unrealized loss indicates that the loss amount has decreased. The liquidation price is a price level listed by the channel; the materials do not explain the specific handling rules that apply if that price is reached.
Why it matters to readers
If these data are accurate, the market can use them to monitor changes in the address’s HYPE position; however, the materials provide no independent on-chain verification, and the attribution of the address to Abraxas Capital is a channel label.
Beginners can first understand three figures: the average price is the reference price for opening the position, the current token price is the price recorded by the channel, and the liquidation price is the risk-monitoring level listed by the channel.
Risks and unknowns
“Abraxas Capital The attribution of the “main address” has not been independently confirmed.
The positions, P&L, and prices listed by the channel have not been independently verified on-chain.
The materials do not clearly state the specific time points to which these figures correspond.
The materials do not indicate any new short positions or actual selling activity.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
