Abraxas Capital Main address XRP Short position reported to have turned from profit to loss
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Abraxas Capital The main address's XRP short position turned from profit to loss.
Article
🐳【Abraxas Capital Main address】XRP Short position turns from profit to loss!
▫️ P&L: +791,426.17 USD (+18.59%) → -1,212,050.15 USD (-26.03%)
▫️ Average price: 1.47 USD▫️ Current coin price: 1.56 USD▫️ Liquidation price: 9.82 USD▫️ Position size: 23,285,781.63 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May; previously, it was the whale with the largest contract capital size.Hyperliquid the whale with the largest contract capital size.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
Profit/loss changed from +791,426.17 USD (+18.59%) to -1,212,050.15 USD (-26.03%).
02
The average price is 1.47 USD, the current coin price is 1.56 USD, and the liquidation price is 9.82 USD。
03
The position size is 23,285,781.63 USD。
04
The address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
05
The article stated that this address's XRP short position began to be built from May, and began continuously taking profits from November.
06
The article stated that this address had previously been Hyperliquid the whale with the largest contract capital scale, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information states that the address held XRP a short position that was previously profitable and subsequently turned into a loss; the article also listed the price, liquidation price, and position size.
Why it matters to readers
Data show that the profit and loss of this position changed substantially and is currently recorded as a loss.
This can help beginners understand the profit and loss, average entry price, current token price, liquidation price, and size of a contract position.
Risks and unknowns
The article did not specify the years corresponding to “May” and “November”.
The attribution of the above data and address is based solely on this item of information and has not been verified against other sources.
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Short Position
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