Abraxas Capital The labeled main address BTC's short position unrealized loss expanded to approximately 20060000 USD
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The channel said that Abraxas Capital main address's BTC short position unrealized loss expanded to approximately 20060000 USD。
Article
🐳【Abraxas Capital Main address]BTC Short position's unrealized loss expands!
▫️ Profit and loss: -17,997,889.13 USD (-41.48%) → -20,061,490.92 USD (-45.80%)
▫️ Average entry price: 76,265.20 USD▫️ Current coin price: 83,954.98 USD▫️ Liquidation price: 145,534.01 USD▫️ Position size: 219,026,155.39 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and the address was previously a whale with the largest contract position size on Hyperliquid.November; since then, 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 -17,997,889.13 USD(-41.48%) to -20,061,490.92 USD(-45.80%)。
02
The average entry price listed in the original text was 76,265.20 USD, and the current coin price was 83,954.98 USD。
03
The liquidation price listed in the original text was 145,534.01 USD, and the position size was 219,026,155.39 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text stated that this large short position was opened on May, and that November onward, the address continuously took profits, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions typically profit when prices fall. The current coin price listed in the original text is higher than the average entry price, so the position shows a paper loss, and the loss has increased further. The liquidation price is the reference price listed in the original text that may trigger forced position closure.
Why it matters to readers
If the data are accurate, this approximately 219000000 USD BTC short position is incurring a larger unrealized loss; subsequent changes in the position, price, and liquidation price warrant attention. However, a single address cannot represent the overall market direction of BTC.
Beginners can use this to understand short positions, unrealized profit and loss, and liquidation prices, but should not make trading decisions based solely on one address's position.
Risks and unknowns
The original text does not provide independently verifiable on-chain or platform position records.
Whether this address actually belongs to Abraxas Capital cannot be confirmed from the original text alone.
The accuracy of the listed position direction, size, profit and loss, and liquidation price cannot be confirmed from the original text alone.
The May and November in the original text do not specify a year.
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Related concepts
Short Position
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