Abraxas Capital The main address added to its DOGE short position, bringing it to 4369000 USD, with unrealized losses expanding to 90.67%
BIBIBI
AT A GLANCE
Abraxas Capital added 7347500 DOGE to a short position whose size was approximately 4368900 USD.
Article
🐳 【Abraxas Capital Main address】DOGE Short position averaged down!
💰DOGE Added to short position 7,347,465.00 units, equivalent to 742,016.69 USD▫️ Position size: 4,368,900.46 USD▫️ Average price: 0.09 USD → 0.09 USD▫️ Current PnL: -396,141.26 USD (-90.67%)
▫️ Current token price: 0.10 USD▫️ Liquidation price: 2.97 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May; previously, it was a whale with the largest contract capital position.Hyperliquid the whale with the largest contract capital position.November Since then, this address has continued taking profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
Abraxas Capital The main address added to its DOGE short position 7,347,465.00 units, equivalent to 742,016.69 USD。
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The position size is 4,368,900.46 USD, with the average price shown as 0.09 USD。
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Current profit/loss was -396,141.26 USD (-90.67%), and the current token price was 0.10 USD, with a liquidation price of 2.97 USD.
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The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
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The original text states that this address was previously Hyperliquid a whale with the largest contract capital position, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The information stated that an address labeled Abraxas Capital increased its DOGE short position. A short position typically represents a bet on a price decline; the text also listed the position size, profit and loss, and liquidation price.
Why it matters to readers
This showed the address's position change and current paper profit and loss in the DOGE contract market.
Beginners can use this to understand short positions, position size, unrealized profit and loss, and liquidation price in contract trading.
Risks and unknowns
The source did not specify the years corresponding to the calendar months of May and November.
This information alone cannot confirm that the address actually belongs to Abraxas Capital.
The source did not state whether the profit and loss were realized or unrealized.
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Short Position
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