「Bullish on ETH」 Whale Long Position Liquidated, Overnight Defection to Bear Camp; Abraxas Capital's nearly 5-month short position turns profitable today

BlockBeatsNov 5, 2025
#DeFi MAG7.SSI+1.85%HYPE-1.33%ETH+1.93%
On November 5th, according to HyperInsight monitoring, the "Staunchly Long $ETH" whale (0xb9f) closed its $ETH long position today with a $2.04 million loss. The whale had held the position for over 34 days since buying the dip on November 10th. At one point, the position had a floating profit of over $6 million (roughly 300%), with a peak position size of $71.75 million. It was previously ranked second on the $ETH long contract leaderboard on Hyperliquid but has now switched to the short side, opening an $ETH short position at an average price of $3337 with a position size of $62.45 million.

The largest $ETH short position on Hyperliquid, held by "Abraxas Capital" main address (0x5b5), which opened an $ETH short position on May 9th, has now turned losses into gains, with a profit of $10.41 million (approximately 61%). The current $ETH position size is around $170 million, with an average price of $3530. In October, the position size had reached $300 million, experiencing over $50 million in losses at one point. As of November 3rd, out of the 22 short positions across its two addresses, only the $ETH short position still had a floating loss.

[BlockBeats]

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「Bullish on ETH」 Whale Long Position Liquidated, Overnight Defection to Bear Camp; Abraxas Capital's nearly 5-month short position turns profitable today

BlockBeatsNov 5, 2025
#DeFi MAG7.SSI+1.85%HYPE-1.33%ETH+1.93%
On November 5th, according to HyperInsight monitoring, the "Staunchly Long ETH" whale (0xb9f) closed its ETH long position today with a $2.04 million loss. The whale had held the position for over 34 days since buying the dip on November 10th. At one point, the position had a floating profit of over $6 million (roughly 300%), with a peak position size of $71.75 million. It was previously ranked second on the ETH long contract leaderboard on Hyperliquid but has now switched to the short side, opening an ETH short position at an average price of $3337 with a position size of $62.45 million.

The largest ETH short position on Hyperliquid, held by "Abraxas Capital" main address (0x5b5), which opened an ETH short position on May 9th, has now turned losses into gains, with a profit of $10.41 million (approximately 61%). The current ETH position size is around $170 million, with an average price of $3530. In October, the position size had reached $300 million, experiencing over $50 million in losses at one point. As of November 3rd, out of the 22 short positions across its two addresses, only the ETH short position still had a floating loss.

[BlockBeats]

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