on-chain data:Abraxas Capital The HyperInsight channel stated that the wallet labeled as the ZEC main address's 4432000 USD
BIBIBI
AT A GLANCE
The post stated that an address held ZEC in a short position, with unrealized profit increasing from approximately 1970000 USD to approximately 4430000 USD, but the relevant data and attribution have not been independently verified.
Article
🐳【Abraxas Capital Main address】ZEC Short position unrealized profit increased!
▫️ P&L: +1,970,678.68 USD (+10.33%) → +4,432,246.36 USD (+24.27%)
▫️ Average entry price: 1,501.26 USD▫️ Current coin price: 1,388.90 USD▫️ Liquidation price: 5,806.54 USD▫️ Position size: 54,789,604.98 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened from May and was previously a whale with Hyperliquid the largest contract capital size.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD. 🔥
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Key points
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The post title referred to the address as the “Abraxas Capital main address.”
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in short positions, with unrealized profit expanding to +1,970,678.68 USD（+10.33%The post stated that P&L changed from +4,432,246.36 USD（+24.27%）。
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）to 1,501.26 USD The average price listed in the post was 1,388.90 USD, and the current coin price was 5,806.54 USD。
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, with a liquidation price of 54,789,604.98 USD。
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The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
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The post claims that the large short position was opened from May and claims that the address has continuously taken profits since November.
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The post stated that the position size of this address had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions generally profit when the underlying asset's price declines. Based on the data listed in the post, the current token price is below the average entry price, so the position shows an increase in unrealized profit; “unrealized profit” refers to book gains not yet ultimately realized through fully closing the position.
Why it matters to readers
This was a short position reportedly exceeding 54000000 USD in size, whose reduction, closure, or continued holding could attract the attention of market participants; however, information about a single address alone cannot establish the overall trend of ZEC the overall trend of ZEC.
Beginners should treat such information as on-chain position leads requiring verification, rather than direct buy or sell signals. Address attribution, position figures, and unrealized profit may all change.
Risks and unknowns
No evidence was provided to independently verify the address attribution, so it cannot be confirmed that the address belongs to Abraxas Capital。
No on-chain records or trading platform pages were provided, so the position, profit and loss, average entry price, and liquidation price cannot be independently confirmed.
The original text only stated “May” and “November”, without specifying the year.
The specific statistical period for these data cannot be confirmed from the original text.
It cannot be confirmed whether this single position will affect ZEC price or Hyperliquid the market.
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Related concepts
Short Position
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