Abraxas Capital ETH Short position's unrealized loss expands to 48840000 USD
BIBIBI
AT A GLANCE
The post states that Abraxas Capital's ETH short position's unrealized loss expanded to approximately 48840000 USD。
Article
🐳【Abraxas Capital Main Address】ETH Short position's unrealized loss expands!
▫️ Profit/Loss: -46,380,317.56 USD (-80.82%) → -48,844,950.13 USD (-84.39%)
▫️ Average entry price: 2,303.58 USD▫️ Current token price: 2,771.29 USD▫️ Liquidation price: 3,962.22 USD▫️ Position size: 289,416,789.68 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and it was previously the whale with the Hyperliquid largest contract capital size.November, this address has continuously taken profits, and its position size previously reached 920000000 USD. 🔥
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Key points
01
Profit/loss changed from -46,380,317.56 USD (-80.82%) to -48,844,950.13 USD (-84.39%).
02
Average entry price is 2,303.58 USD, current token price is 2,771.29 USD, and liquidation price is 3,962.22 USD。
03
Position size is 289,416,789.68 USD。
04
The post states that this address opened a large short position starting on May, and November began continuously taking profits; its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position typically incurs losses when the price rises; the post lists the current coin price as higher than the average price and states that the unrealized loss continues to grow.
Why it matters to readers
This shows that the address was described in the post as holding a large ETH short position, with the loss figure still increasing.
A short position is a position that bets on a price decline; the liquidation price is the price at which the position may be forcibly closed.
Risks and unknowns
The information comes from a single Telegram post, with no independent verification provided.
The specific time of measurement and calculation method for these data are not stated.
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Short Position
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