Labeled as Abraxas Capital the main address's HYPE short-position unrealized loss narrowed to approximately 11290000 USD
BIBIBI
AT A GLANCE
HyperInsight said, labeled as Abraxas Capital of the main address HYPE unrealized loss on short positions narrowed to 11287700 USD。
Article
🐳【Abraxas Capital Main address】HYPE Short-position unrealized loss narrows!
▫️ P&L: -13,307,305.58 USD (-115.76%) → -11,287,738.31 USD (-101.77%)
▫️ Average price: 70.18 USD▫️ Current token price: 88.12 USD▫️ Liquidation price: 322.35 USD▫️ Position size: 55,456,599.80 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May, and the address was previously the whale with the largest contract capital on Hyperliquid.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The original text stated that the address's HYPE short-position P&L changed from -13,307,305.58 USD（-115.76%) to -11,287,738.31 USD（-101.77%）。
02
The original text listed the average price as 70.18 USD, the current token price as 88.12 USD, and the liquidation price as 322.35 USD。
03
The position size listed in the original text was 55,456,599.80 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text stated that this large short position began building from May began building the position, and this address has been taking profits since November continuously, with the position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This content states that a wallet labeled as Abraxas Capital the primary address holds a HYPE short position. The reported loss amount fell from approximately 13310000 USD to approximately 11290000 USD, and was therefore described as “narrowing unrealized losses.” The material also lists the average entry price, current token price, liquidation price, and position size, but provides no independently verifiable data to substantiate them.
Why it matters to readers
If the address attribution and position data are accurate, this approximately 55460000 USD short position could attract attention, particularly regarding whether the address subsequently continues taking profits or adjusts its position. The original text does not show any additional position closures or liquidations.
Beginners may view this as information about a large position pending verification, rather than a definitive trading signal; the key is to distinguish between the address label and position figures provided by the channel and verified facts.
Risks and unknowns
It cannot be confirmed from the original text alone that this address indeed belongs to Abraxas Capital。
The position, profit and loss, price, and liquidation price data cannot be independently verified based solely on the original text.
Not specified in the original text May and November corresponding years.
The original text does not provide records of the address actually closing or reducing positions, adding margin, or being liquidated.
Related Developments
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The materials do not specify the data collection time or calculation methodology.
Related concepts
Short Position
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