Crypto news flash: Abraxas Capital’s main address increased its BTC short position holdings to 25.93 BTC, about $2.07 million. The current position size is $21,450,445.77; the average entry price was adjusted from $63,650.10 to $63,589.10. The current profit/loss is -$173,592.61. The current BTC price is $64,107.91, with a liquidation price of $112,367.54. The address began building the position in May, was once a whale with the largest contract capital on HyperLiquid, and has been taking profits continuously since November; the position size had previously reached $920 million.

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NftInterceptor
· 07-19 07:49
The short position size is only $2.07 million; for an average player it counts as large, but for a whale it’s basically pocket change, and P&L fluctuations are completely meaningless.
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OldLeekTeaHouse
· 07-19 01:47
Cut from 920 million to 20 million, the take-profit rhythm is steady, but the unrealized loss of $170,000 makes people a bit uneasy.
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BaseNative
· 07-19 01:44
Liquidation price: 112k; current: 64k. There’s still a long way to liquidation. However, the short position average entry price of 63.6k is currently losing money, which suggests the timing of the entry wasn’t quite right.
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OnChainLighthouse
· 07-19 01:41
The whale built the position in May and took profit in November, shrinking the position by more than 90%, which suggests its outlook on the future is also wavering.
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MarginPlayer
· 07-19 01:33
HyperLiquid used to have the largest capital size, but now it has fallen to such small orders—market sentiment has indeed changed.
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PFPSocial
· 07-19 01:31
This short position only has 25 BTC—it's not enough to fill the gap in between your teeth.
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