The 262 liquidation price means SOL needs to increase threefold to trigger a liquidation; this leverage is used conservatively.

SOL4.97%
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CoinNetwork
Crypto News, Abraxas Capital's main address increased its short position in SOL by 11,496.24 tokens on May 21, 2026, approximately worth $1,014,530.91.
The current holdings of this address amount to $5,243,384.41, with the average price adjusted from $86.48 to $86.38, and a current profit and loss of +$17,977.60 (+3.43%).
The current token price is $86.09, with a liquidation price of $262.17.
This address started building a position since May, was once the largest whale in HyperLiquid with the maximum contract fund size, and has been taking profits since November, with holdings once reaching $920 million.
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