Abraxas Capital Main address BTC short position was reportedly showing an unrealized loss widening to 26438800 USD
BIBIBI
AT A GLANCE
The post claims that the address's BTC unrealized loss on its short position has increased to 26,438,754.58 USD, but the address attribution and position data have not yet been independently verified.
Article
🐳【Abraxas Capital Main address】BTC Short position: unrealized loss widens!
▫️ P&L: -24,375,535.74 USD (-51.61%) → -26,438,754.58 USD (-55.50%)
▫️ Average entry price: 75,949.40 USD▫️ Current coin price: 85,432.00 USD▫️ Liquidation price: 131,573.97 USD▫️ Position size: 238,195,827.15 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and the address had previously held the largest contract position on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The post's title refers to the address as “Abraxas Capital main address.”
02
The P&L listed in the post changed from -24,375,535.74 USD（-51.61%) to -26,438,754.58 USD（-55.50%）。
03
The position's average entry price listed in the post was 75,949.40 USD, the current token price was 85,432.00 USD, and the liquidation price was 131,573.97 USD。
04
The position size listed in the post was 238,195,827.15 USD。
05
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
06
The post stated that the large short position was opened on May, and that the address has been taking profits continuously 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 typically profits when the price of BTC falls and incurs losses when it rises. The current coin price given in the post is higher than the average short entry price, so the listed accounting loss is negative; “unrealized loss” refers to the loss calculated at the current price while the position has not been fully closed, and does not equal the final realized loss.
Why it matters to readers
If the address attribution and position data in the post are accurate, this is a relatively large BTC short position, whose unrealized loss, position changes, and distance from the liquidation price may draw market participants' attention. However, the original text discloses only a single address's position snapshot; it cannot establish how the account will subsequently act, nor can it directly infer the BTC price trend.
Beginners should focus on distinguishing the average price, current coin price, unrealized loss, and liquidation price: these figures describe the current status of the position referred to in the post, not a trading recommendation, and do not mean that liquidation will necessarily occur.
Risks and unknowns
The original text provides no evidence that can independently verify the address attribution as Abraxas Capital.
The original text provides no data evidence that can independently verify the listed position, profit or loss, coin price, and liquidation price.
The original text mentions “May” and “November”, but does not specify the year.
Related Developments
Loading event timeline…
The original text does not state whether the address has reduced its position, added margin, closed the position, or changed its liquidation risk.
The original text does not specify the specific time periods to which the two sets of profit and loss data correspond.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
