Abraxas Capital Main address reduced 1,694.59 coins SOL short position
BIBIBI
AT A GLANCE
The original text stated that Abraxas Capital the main address reduced its holdings by 1,694.59 tokens of SOL short positions, equivalent to 2669700 USD。
Article
🐳 【Abraxas Capital Main address】SOL Short position cut at a loss!
💰SOL Short position reduced by 1,694.59 units, equivalent to approximately 2,669,748.55 USD▫️ Position size: 87,445,204.12 USD▫️ Average price: 94.31 USD▫️ Current PnL: -17,435,429.11 USD (-199.39%)
▫️ Current coin price: 117.80 USD▫️ Liquidation price: 318.11 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May, and this address was previously the whale with the Hyperliquid largest contract capital position.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The original text states that the SOL short position was reduced by 1,694.59 units, equivalent to approximately 2,669,748.55 USD。
02
The position size listed in the original text was 87,445,204.12 USD。
03
The average price listed in the original text was 94.31 USD, and the current coin price was 117.80 USD。
04
The current PnL listed in the original text was -17,435,429.11 USD（-199.39%), and the liquidation price was 318.11 USD。
05
The address given in the original text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
06
The original text stated that this large short position began to be opened from May and claimed that this address has been continuously taking profits since November.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Short-position reduction” means that the address referred to in the source reduced part of its bets SOL on positions that profit from a price decline. Although this time it reduced 1,694.59 tokens SOL short positions, the source still lists 87,445,204.12 USD’s position size.
Why it matters to readers
This reflects the short-position changes of the address referred to in the original text SOL and can be used to observe whether it subsequently continues reducing its position or increases its short position again; based solely on changes in this address, it is not possible to confirm SOL the subsequent price direction.
Beginners can view this information as the position dynamics of a single address, rather than as a definitive buy or sell signal; they should first verify the address and the actual changes in its position.
Risks and unknowns
The provided materials do not include independently verifiable on-chain transaction records.
The original text alone cannot confirm that this address is controlled by Abraxas Capital。
“Previously the whale with the Hyperliquid largest contract capital size” and “whose position size had previously reached 920000000 USD” lacked supporting verification evidence.
The original text does not explicitly specify the corresponding year.May and November the corresponding year.
It is not possible to confirm based on this information SOL subsequent price movements.
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Related concepts
Short Position
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