Abraxas Capital The main address added 735,057 units XRP to its short position, with holdings of approximately 27480000 USD
BIBIBI
AT A GLANCE
The message says that the wallet labeled as Abraxas Capital the main address added XRP to its short position.
Article
🐳 【Abraxas Capital Main address】XRP Short position rolling in!
💰XRP Added to short position 735,057.00 units, equivalent to approximately 2,175,720.28 USD▫️ Position size: 27,481,257.01 USD▫️ Average price: 1.49 USD → 1.49 USD▫️ Current PnL: +2,939,986.69 USD (+53.49%)
▫️ Current coin price: 1.35 USD▫️ Liquidation price: 9.76 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 Starting from then, the address has continued to take profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The message says that XRP added to its short position 735,057.00 units, equivalent to approximately 2,175,720.28 USD。
02
The position size listed in the message is 27,481,257.01 USD, the average price is 1.49 USD, and the current PnL is +2,939,986.69 USD（+53.49%）。
03
The current coin price given in the message is 1.35 USD, and the liquidation price is 9.76 USD。
04
The address given in the message is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The message says that the large short position was opened starting May; previously, the address was Hyperliquid the whale with the largest contract capital size;November starting from then, it continued to take profits, and its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a position-monitoring message published by HyperInsight. It labels an address as the Abraxas Capital main address and reports its XRP short position quantity, position size, PnL, and liquidation price. The original text does not provide independently verifiable trading records.
Why it matters to readers
The message concerns a relatively large XRP short position and Hyperliquid contract position, but a single message is insufficient to confirm address ownership, the authenticity of the position, or its actual impact on the market.
Beginners should first distinguish the position figures in the message from independently verified facts, and note the specific labeling of fields such as “equivalent to approximately,” PnL, and liquidation price.
Risks and unknowns
Abraxas Capital The ownership relationship with this address is not independently substantiated in the original text.
XRP The added short position and position data are not supported by original trading records in the original text.
The original text does not specify the data collection time, statistical methodology, or method of independent verification of the figures.
It is impossible to determine from the original text alone the actual impact of this position on XRP price or Hyperliquid the overall market.
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Related concepts
Short Position
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