Monitoring indicates Abraxas Capital The labeled address's HYPE short unrealized loss narrows
BIBIBI
AT A GLANCE
A post stated that Abraxas Capital the unrealized loss on the main address's HYPE short position 18636200 USD narrowed to 16619400 USD。
Article
🐳【Abraxas Capital Main Address] HYPE short position unrealized loss narrows!
▫️ P&L:-18,636,177.08 USD (-140.63%) → -16,619,379.07 USD (-129.34%)
▫️ Average entry price:70.18 USD▫️ Current token price:94.67 USD▫️ Liquidation price:298.70 USD▫️ Position size:64,245,059.93 USD📌 Address:0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and it was previously the whale with the largest contract position size on Hyperliquid.November Starting on 920000000 USD, this address continuously took profits, with its position size previously reaching. 🔥
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Key points
01
The post labels the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address.”
02
Profit/loss changed from -18,636,177.08 USD (-140.63%) to -16,619,379.07 USD (-129.34%).
03
Average entry price:70.18 USD, current token price:94.67 USD, liquidation price:298.70 USD。
04
Position size:64,245,059.93 USD。
05
The post stated that this large short position began to be established on May, and this address began continuously taking profits on November, with the position size previously reaching 920000000 USD。
06
The post states that the address was previously the whale with the largest contract position size on Hyperliquid.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This content presents the book data for a HYPE short position. Both the unrealized loss amount and loss percentage have decreased, but P&L remains negative.
Why it matters to readers
Position size, unrealized loss, current token price, and liquidation price can help readers assess the risk profile and changes disclosed for this short position.
Beginners should distinguish between “a narrowing unrealized loss” and “having become profitable”: the loss here has decreased, but the P&L cited in the post remains negative.
Risks and unknowns
The original text does not provide an on-chain data calculation method or independent verification materials.
It cannot be confirmed from the original text alone that this address is controlled by Abraxas Capital.
The original text does not specify the specific years of “May” and “November”.
The original text does not specify the exact times to which the two sets of P&L data respectively correspond.
“the whale that previously had the largest contract funding size on Hyperliquid” and “previously reached 920000000 USD” cannot be verified solely based on the original text.
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Related concepts
Short Position
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