Abraxas Capital Address ETH's short position unrealized loss expanded to approximately 14480000 USD
BIBIBI
AT A GLANCE
The channel stated that the short position of Abraxas Capital, labeled as the main address,ETH had its unrealized loss expand to approximately 14480000 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position's unrealized loss expands!
▫️ Profit and loss: -12,405,589.90 USD (-23.91%) → -14,479,423.91 USD (-27.69%)
▫️ Average entry price: 2,322.65 USD▫️ Current token price: 2,458.80 USD▫️ Liquidation price: 3,992.61 USD▫️ Position size: 261,494,515.97 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and the address was previously a whale with the largest contract position size on Hyperliquid.November, the address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The original text stated that profit and loss changed from -12,405,589.90 USD（-23.91%） to -14,479,423.91 USD（-27.69%）。
02
The original text listed the average entry price as 2,322.65 USD, the current token price as 2,458.80 USD, and the liquidation price as 3,992.61 USD。
03
The position size listed in the original text was 261,494,515.97 USD。
04
The address listed in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text stated that this large short position began to be established on May, and that the address had continuously taken profits since November.
06
The original text stated that the address's position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions generally benefit when the token price declines. The original text shows that the current token price is higher than the listed average entry price, so this position is at an unrealized loss; these figures are only channel disclosures and are not accompanied in the original text by on-chain or platform source records.
Why it matters to readers
This is a snapshot of a relatively large ETH short position. Subsequent changes in unrealized losses, position reductions, profit-taking, or proximity to the liquidation price may draw market attention, but the original text cannot prove that it will necessarily close the position.
Beginners may treat this as unverified position information for a single address and should not use it alone to determine ETH price movements or follow trades.
Risks and unknowns
Whether this address indeed belongs to Abraxas Capital cannot be confirmed from the original text alone.
No independently verifiable source records were attached for the position, profit and loss, token price, or liquidation price.
“May” and “November” do not specify the exact year.
The original text does not state the data snapshot time, margin status, or whether the position is still changing.
It is not possible to determine from this whether the position will be reduced, closed, or liquidated in the future.
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Related concepts
Short Position
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