Abraxas Capital Address ZEC's short position unrealized profit narrowed to 6480000 USD
BIBIBI
AT A GLANCE
The monitoring post states that the Abraxas Capital main address's ZEC short position unrealized profit narrowed from 8720500 USD to 6480700 USD。
Article
🐳【Abraxas Capital Main address】ZEC Short position unrealized profit narrows!
▫️ Profit/loss: +8,720,508.93 USD (+49.52%) → +6,480,689.04 USD (+35.31%)
▫️ Average entry price: 1,478.36 USD▫️ Current token price: 1,322.70 USD▫️ Liquidation price: 4,854.13 USD▫️ Position size: 55,067,096.12 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began to be built on May, and the address was previously Hyperliquid the whale with the largest contract capital scale.November, the address has continuously taken profits, and its position size previously reached 920000000 USD。 🔥
Key points
01
The post labels address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as the “Abraxas Capital main address.”
02
The post states that the address's ZEC short position profit/loss changed from +8,720,508.93 USD（+49.52%） to +6,480,689.04 USD（+35.31%）。
03
The average entry price listed in the post is 1,478.36 USD, the current token price is 1,322.70 USD, and the liquidation price is 4,854.13 USD。
04
The position size listed in the post is 55,067,096.12 USD。
05
The post states that the large short position began to be built 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, and that it was once Hyperliquid the whale with the largest contract capital scale.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information describes a ZEC short position: the poster states that the position remains in unrealized profit, but both the unrealized profit amount and return rate have declined. Short positions typically profit when the token price falls; “unrealized profit” refers to paper profit not yet realized by fully closing the position.
Why it matters to readers
If the address attribution and position parameters are accurate, the approximately 55070000 USD ZEC short position remains noteworthy; the narrowing unrealized profit means that the paper profit shown in the post has decreased from earlier.
Beginners should distinguish between “unrealized profit” and realized profit, and pay attention to the liquidation price, position size, and whether the position is subsequently closed; do not judge market direction solely on the basis of a single monitoring post.
Risks and unknowns
The only evidence is a single monitoring post, with no independently verifiable on-chain position link or transaction record attached.
Whether this address actually belongs to Abraxas Capital cannot be independently confirmed from the original text.
ZEC The original text provides no independent basis for verifying the position direction, size, average entry price, current token price, liquidation price, or profit/loss data.
“May began to be built on”“November has continuously taken profits since”“previously reached 920000000 USD” and “was once Hyperliquid the whale with the largest contract capital scale” are all statements from the post and are unsupported by evidence.
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The original text does not specify the exact method used to calculate the profit/loss ratio.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
