Abraxas Capital Main address SOL Short position unrealized loss narrows
BIBIBI
AT A GLANCE
The post stated that the Abraxas Capital main address's SOL short position unrealized loss narrowed from 17310000 USD to 15170000 USD。
Article
🐳【Abraxas Capital Main address】SOL Short position unrealized loss narrows!
▫️ P&L: -17,312,791.22 USD (-198.30%) → -15,167,967.72 USD (-178.11%)
▫️ Average entry price: 94.31 USD▫️ Current token price: 114.75 USD▫️ Liquidation price: 352.40 USD▫️ Position size: 85,162,109.54 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established at May; it was previously the whale with the largest contract capital size for Hyperliquid.November; from then on, the address continuously took profits, with the position size previously reaching 920000000 USD。 🔥
Key points
01
The P&L listed in the post changed from -17,312,791.22 USD（-198.30%） to -15,167,967.72 USD（-178.11%）。
02
The average entry price of the short position was 94.31 USD, and the current token price was 114.75 USD。
03
The liquidation price was 352.40 USD, and the position size was 85,162,109.54 USD。
04
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The post stated that the large short position began to be established at May, and that the address had continuously taken profits since November, with the position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions generally benefit when prices fall. The post's data show that the current token price is higher than the short position's average entry price, so the position still shows an unrealized loss. However, compared with the previous data, both the loss amount and loss percentage have decreased; this is what “unrealized loss narrows” means.
Why it matters to readers
This set of data shows changes in the P&L, position size, and liquidation price of a large SOL short position. It can be used to continue monitoring this address's position movements, but the subsequent price direction of SOL cannot be determined from a single address alone.
Beginners should distinguish between “unrealized loss narrows” and “already profitable”: the loss has decreased here, but the P&L listed in the post is still negative.
Risks and unknowns
The information comes from a Telegram post; the original text did not provide independently verifiable on-chain transaction details.
Whether this address is controlled by Abraxas Capital cannot be confirmed from the original text alone.
“May” and “November” do not specify the year.
The original text does not specify the exact times corresponding to the sets of P&L data.
It is unknown whether the position will subsequently be reduced, closed, supplemented with margin, or have its liquidation price changed.
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Related concepts
Short Position
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