🔥 Note: Abraxas Capital's large short position began being built in May and was previously the whale with the largest contract capital size on Hyperliquid. Since November, the address has continuously taken profits, and its position size previously reached USD 920 million. 🔥
On-chain Perp live-trading social network graph; view the most comprehensive Hyperliquid on-chain data:
https://www.tradingbeats.xyz
Key points
01
The LINK short position increased by 32,014.50 LINK, which the post states is approximately USD 395,800.63.
02
The position size is USD 2,446,976.49.
03
The average entry price changed from USD 12.96 to USD 12.96.
04
Current P&L is +USD 11,655.37 (+1.43%).
05
The current token price is USD 12.90, and the liquidation price is USD 711.75.
06
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
07
The post states that the large short position began building in May and that the address has continuously taken profits since November; its position size previously reached USD 920 million.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This post presents LINK short-position data for an address labeled as Abraxas Capital's main address, including the added amount, position size, average entry price, P&L, token price, and liquidation price.
Why it matters to readers
The post indicates that the address continues to increase its LINK short position while its current P&L is positive, providing a reference for observing the publicly displayed changes in its position.
Beginners can focus on distinguishing the added amount, total position size, current P&L, and liquidation price; these figures represent different metrics in the post.
Risks and unknowns
The post alone cannot confirm that the address is controlled by Abraxas Capital.
The post does not provide on-chain records or calculation details, and the position and P&L figures have not been independently verified.
The years for “May” and “November” are not specified.
The post does not explain how the USD 711.75 liquidation price was calculated.
The claim that it was previously the whale with the largest contract capital size on Hyperliquid provides no basis for verification.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
