🔥 Note: Abraxas Capital's large short position was opened starting in May. It was previously the whale with the largest contract capital on Hyperliquid. Since November, this address has continued taking profits; its position size previously reached 920 million USD. 🔥
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Key points
01
The post states that the ZEC short position was increased by 156.19 coins, equivalent to approximately 2,316,506.39 USD.
02
The position size listed in the post is 27,312,847.76 USD.
03
The average price listed in the post changed from 1,365.86 USD to 1,367.14 USD.
04
The current P&L listed in the post is -4,339,792.62 USD (-47.67%).
05
The current coin price listed in the post is 1,625.40 USD, and the liquidation price is 8,578.29 USD.
06
The post lists the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
07
The post states that this address was previously the whale with the largest contract capital on Hyperliquid and that its position size previously reached 920 million USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A “short position” generally refers to a position that bets on a price decline; the “liquidation price” is the price at which the position may be forcibly closed. All figures above come from the post.
Why it matters to readers
The post presents position, P&L, and liquidation price information for a ZEC short position attributed to Abraxas Capital's primary address.
Beginners can use this example to learn about short positions, average price, unrealized P&L, and liquidation price—fields used in contract trading.
Risks and unknowns
The address's affiliation with Abraxas Capital cannot be confirmed based solely on this post.
The position, P&L, price, and liquidation price data cannot be verified based solely on this post.
“May” and “November” do not specify a year.
The post states that profits were continuously taken previously but provides no specific trading records.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
