HyperInsight says it is labeled as Abraxas Capital the main address's ZEC short position increased by 651 units, with the position worth approximately 57250000 USD
BIBIBI
AT A GLANCE
The original text says that the wallet labeled as Abraxas Capital the main address increased its 651.17 units ZEC short position.
Article
🐳 【Abraxas Capital Main address】ZEC Short position rolling!
💰ZEC Increased short position by 651.17 units, equivalent to approximately 2,271,230.77 USD▫️ Position size: 57,251,172.66 USD▫️ Average price: 1,500.68 USD → 1,501.26 USD▫️ Current PnL: +1,970,678.68 USD (+10.33%)
▫️ Current coin price: 1,451.30 USD▫️ Liquidation price: 5,636.66 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May; previously, it was the whale with the largest contract capital position.Hyperliquid November Since then, this address has continued taking profits; its position size previously reached 920000000 USD. 🔥
On-chain Perp live-trading social network graph; view the most comprehensive Hyperliquid on-chain data:https://www.tradingbeats.xyz
Key points
01
The original text says that the ZEC short position increased by 651.17 units, equivalent to approximately 2,271,230.77 USD。
02
The position size listed in the original text is 57,251,172.66 USD。
03
The original text says the average price changed from 1,500.68 USD to 1,501.26 USD。
04
The post listed current profit/loss as +1,970,678.68 USD (+10.33%).
05
The current coin price given in the original text is 1,451.30 USD, and the liquidation price is 5,636.66 USD。
06
The address given in the original text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
07
The original text says that this short position was opened starting May; this address has continued taking profits since November; its position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information indicates that a wallet labeled in the original text as Abraxas Capital the main address increased its ZEC short position, and lists data such as the position, average price, PnL, coin price, and liquidation price. A short position generally indicates that the holder expects the price to fall; however, the original text does not provide independently verifiable on-chain records.
Why it matters to readers
The position size and subsequent changes to the position may provide clues about ZEC related trading activity, but this message alone cannot confirm the address attribution, data accuracy, or subsequent price direction.
Beginners can use this to learn about short positions, average position price, current PnL, and liquidation price, but should not treat an unverified position attributed to a single address as a trading conclusion.
Risks and unknowns
Whether the address actually belongs to Abraxas Capital cannot be independently confirmed from the original text.
The position, PnL, coin price, and liquidation price data are not accompanied by independently verifiable on-chain records.
The original text does not provide the years corresponding to “May” and “November”.
The original text does not specify when the data was collected, so it is unknown whether these figures remain valid.
“Previously, it was Hyperliquid the whale with the largest contract capital position” and “previously reached 920000000 USD” are statements from the original text and lack further evidence.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
