HyperInsight stated that Abraxas Capital the labeled address ZEC short position's unrealized profit rose to 12950000 USD
BIBIBI
AT A GLANCE
The post states that Abraxas Capital the main address's ZEC short position's unrealized profit expanded to 12,953,780.52 USD。
Article
🐳【Abraxas Capital Main address】ZEC Short position unrealized profit expands!
▫️ Profit/loss: +10,943,699.38 USD (+67.87%) → +12,953,780.52 USD (+83.82%)
▫️ Average entry price: 1,478.36 USD▫️ Current token price: 1,155.50 USD▫️ Liquidation price: 4,675.71 USD▫️ Position size: 46,360,254.59 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be established on May, and the address was previously a whale with the largest contract capital size on Hyperliquid.November, the address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The post labeled the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address.”
02
The post-listed profit/loss changed from +10,943,699.38 USD(+67.87%) to +12,953,780.52 USD(+83.82%)。
03
The post lists the average entry price as 1,478.36 USD, the current token price as 1,155.50 USD, and the liquidation price as 4,675.71 USD。
04
The position size listed in the post is 46,360,254.59 USD。
05
The post states that the large short position began to be established on May, and that the address has continuously taken profits since November.
06
The post states that the address's position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a position update concerning a ZEC short position. Short positions typically profit when prices decline; the current token price listed in the post is lower than the average entry price, and the unrealized profit amount and return rate are shown to have increased. The liquidation price is a reference price at which the position may be forcibly closed, but the original text does not specify the calculation method.
Why it matters to readers
If the address attribution and position data in the post are accurate, this address then held a relatively large ZEC short position and showed substantial unrealized profit. However, the position of a single address cannot by itself prove ZEC the overall market trend.
Beginners can use this to understand short positions, unrealized profit, average entry price, and liquidation price, but should not directly treat unverified wallet labels or a single position update as a trading signal.
Risks and unknowns
The evidence does not provide independent proof that this address belongs to Abraxas Capital.
The evidence does not provide independently verified information on the position, profit/loss, token price, or liquidation price.
“May” and “November” do not specify the year in the text.
The original text does not state the data capture time, calculation method, or subsequent changes to the position.
“Previously a whale with the largest contract capital size on Hyperliquid” and the previous 920000000 USD position size are not accompanied by supporting verification evidence.
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Related concepts
Short Position
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