Abraxas Capital main address ETH's short position reportedly saw its unrealized loss expand to 10757200 USD
BIBIBI
AT A GLANCE
A monitoring post stated that the Abraxas Capital short position labeled as the main address ETH's unrealized loss expanded to approximately 10757200 USD。
Article
🐳【Abraxas Capital Main address】ETH Short position's unrealized loss expands!
▫️ P&L: -8,654,633.88 USD (-16.93%) → -10,757,157.74 USD (-20.87%)
▫️ Average entry price: 2,322.65 USD▫️ Current token price: 2,423.80 USD▫️ Liquidation price: 4,121.89 USD▫️ Position size: 257,772,249.80 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be opened on May, and was previously the whale with the Hyperliquid largest contract capital scale.November, this address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The original text stated that this ETH short position's P&L changed from -8,654,633.88 USD（-16.93%） to -10,757,157.74 USD（-20.87%）。
02
The average entry price listed in the original text was 2,322.65 USD, while the current token price was 2,423.80 USD。
03
The liquidation price listed in the original text was 4,121.89 USD, and the position size was 257,772,249.80 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text stated that the short position began to be opened on May, and November onward, the address continuously took profits; its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions generally profit when prices fall. The original text shows that the current token price is higher than the average entry price, so this position is at an unrealized loss, with both the loss amount and loss percentage having increased.
Why it matters to readers
This position is sizable, and its P&L, position reductions, closing, or margin changes may draw traders' attention; however, the original text did not provide independently verifiable position screenshots or on-chain evidence.
Beginners should treat this type of address-monitoring post as a lead requiring verification, rather than a basis for directly copying trades; an unrealized loss does not equal a realized loss, and a liquidation price does not mean liquidation will necessarily occur.
Risks and unknowns
Whether this address truly belongs to Abraxas Capital cannot be confirmed from the original text alone.
No independently verifiable materials were attached for the position size, P&L, average entry price, or liquidation price.
The original text does not specify the exact times to which the two sets of P&L data respectively correspond.
The original text does not state whether the current position will subsequently be reduced, closed, increased, or have its margin adjusted.
The claim that it was previously Hyperliquid the whale with the largest contract capital scale” lacks a basis for verification.
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Related concepts
Short Position
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