Abraxas Capital Primary address ZEC short position unrealized profit narrowed to 11720000 USD
BIBIBI
AT A GLANCE
Abraxas Capital The address's ZEC short position unrealized profit fell from 13964400 USD to 11719600 USD。
Article
🐳【Abraxas Capital Primary address】ZEC Short position unrealized profit narrows!
▫️ Profit/loss: +13,964,430.17 USD (+87.46%) → +11,719,550.81 USD (+70.12%)
▫️ Average entry price: 1,488.11 USD▫️ Current token price: 1,206.20 USD▫️ Liquidation price: 5,709.55 USD▫️ Position size: 50,143,953.41 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and the address was previously a whale with the largest contract position size on Hyperliquid.November; since then, this address has continuously taken profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
Profit/loss fell from 13,964,430.17 USD（+87.46%) to 11,719,550.81 USD（+70.12%）。
02
ZEC The average entry price was 1,488.11 USD, and the current token price was 1,206.20 USD。
03
The liquidation price was 5,709.55 USD, and the position size was 50,143,953.41 USD。
04
The relevant address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text states that the address opened a large short position on May, and has continuously taken profits since November.
06
The original text 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.
A short position is a bet that the price will fall. This shows that the position still has an unrealized profit, but both the unrealized profit amount and percentage are lower than previous values.
Why it matters to readers
This is a relatively large ZEC contract position change, which can be used to observe the address's position status. The original text also mentions that it was once a whale with the largest contract position size on Hyperliquid.
Beginners can first understand figures: the average entry price is the reference price at which the position was opened, the current token price is the current market price, and the liquidation price is the price at which the position may be forcibly closed.
Risks and unknowns
The information comes from a Telegram channel; the original text did not provide independent on-chain verification results.
The original text does not specify the years corresponding to “May” and “November”.
Based on this address information alone, it is not possible to confirm the overall trend of ZEC or Hyperliquid's overall capital flows.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
