HyperInsight stated that the Abraxas Capital main address's SOL short position's unrealized loss narrowed.
BIBIBI
AT A GLANCE
The Telegram channel stated that the Abraxas Capital main address's SOL short position's unrealized loss narrowed to approximately 5850000 USD。
Article
🐳【Abraxas Capital Main address】SOL Short position's unrealized loss narrows!
▫️ P&L: -8,072,713.67 USD (-74.18%) → -5,848,758.33 USD (-55.36%)
▫️ Average entry price: 94.32 USD▫️ Current token price: 102.42 USD▫️ Liquidation price: 372.26 USD▫️ Position size: 73,953,735.48 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and it was previously Hyperliquid the whale with the largest futures capital size.November, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
Evidence indicates that this address's SOL short position P&L changed from -8,072,713.67 USD（-74.18%） to -5,848,758.33 USD（-55.36%）。
02
Evidence indicates that the short position's average entry price is 94.32 USD, the current token price is 102.42 USD, and the liquidation price is 372.26 USD。
03
Evidence indicates that the position size is 73,953,735.48 USD。
04
Evidence indicates that this address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
Evidence indicates that the Abraxas Capital large short position began to be established on May, and November this address has continuously taken profits since then, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that bets on a price decline. Based on the evidence data, the SOL price is higher than this short position's average entry price, so the position shows an unrealized loss; the channel stated that this unrealized loss is narrowing.
Why it matters to readers
If the data are accurate, this indicates that the SOL short position associated with this address has seen a reduction in unrealized losses, but a single address's position cannot represent overall market trends.
This is independently unverified information about a large holder's derivatives position and does not mean that SOL will definitely rise or fall.
Risks and unknowns
Information from the Telegram channel HyperInsight has not been independently verified.
Abraxas Capital Its association with this address has not yet been confirmed.
The position size, P&L, and historical position descriptions have not been verified using on-chain or platform data.
Subsequent price changes, position closures, or position increases are unknown.
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Related concepts
Short Position
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