HyperInsight stated that Abraxas Capital the address increased its ZEC short position, with a position of approximately 59520000 USD
BIBIBI
AT A GLANCE
A post claims that Abraxas Capital the address increased its holdings by 2,775.62 coins ZEC of short positions.
Article
🐳 【Abraxas Capital Main address】ZEC Short position averaging down!
💰ZEC Increase in short position by 2,775.62 coins, equivalent to approximately 2,115,082.31 USD▫️ Position size: 59,522,403.43 USD▫️ Average price: 1,495.62 USD → 1,500.68 USD▫️ Current profit/loss: -1,300,637.17 USD (-6.56%)
▫️ Current coin price: 1,534.20 USD▫️ Liquidation price: 5,673.14 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was first built in May, previously the Hyperliquid whale with the largest contract capital position. Since November, this address has continued taking profits; its position size previously reached 920000000 USD. 🔥
On-chain Perp real-time social network map, view the most comprehensive Hyperliquid on-chain data:https://www.tradingbeats.xyz
Key points
01
The post stated that ZEC the short position was increased by 2,775.62 coins, equivalent to approximately 2,115,082.31 USD。
02
The position size listed in the post was 59,522,403.43 USD, with the average price changing from 1,495.62 USD to 1,500.68 USD。
03
The current profit/loss listed in the post was -1,300,637.17 USD(-6.56%), and the current coin price was 1,534.20 USD。
04
The liquidation price listed in the post was 5,673.14 USD, and the address provided was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post claims that this address has, since May since established a large ZEC short position,November since continuously taken profits, with the position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position indicates a bet on a price decline; increasing short positions means adding to this type of position. The post also shows that the position is currently at a loss, but these data have not been independently verified in the materials.
Why it matters to readers
If the position data is accurate, the large account's continued increase in ZEC short positions may heighten market attention to downside risks; activity by a single account cannot establish a price trend.
This is market information about a position change by a single large account; it does not mean that ZEC the price will necessarily fall, nor does it constitute investment advice.
Risks and unknowns
The materials provide no independent on-chain or trading-platform verification.
It cannot be confirmed from the materials alone whether this address actually belongs to Abraxas Capital。
The calculation methodology for the position data, average price, profit or loss, and liquidation price cannot be confirmed.
This cannot be used to determine ZEC the subsequent price direction.
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Related concepts
Short Position
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