Abraxas Capital Main address ZEC short-position unrealized profit report 10530000 USD
BIBIBI
AT A GLANCE
The monitoring post said that an address held ZEC in short positions, but the title's claim that "unrealized profit had narrowed" is inconsistent with the increase in the figures shown.
Article
🐳【Abraxas Capital Main address】ZEC Short-position unrealized profit narrows!
▫️ P&L: +8,529,000.17 USD (+48.26%) → +10,531,515.72 USD (+61.93%)
▫️ Average price: 1,478.36 USD▫️ Current coin price: 1,225.40 USD▫️ Liquidation price: 5,420.82 USD▫️ Position size: 51,016,269.44 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened from May, and the address was previously a whale with Hyperliquid the largest contract capital size.November Since then, the address has continued taking profits, with its position size previously reaching 920000000 USD。 🔥
Key points
01
The original text showed P&L changing from +8,529,000.17 USD（+48.26%) to +10,531,515.72 USD（+61.93%）。
02
The original text showed an average price of 1,478.36 USD, a current coin price of 1,225.40 USD, and a liquidation price of 5,420.82 USD。
03
The original text showed a position size of 51,016,269.44 USD。
04
The address given in the original text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The original text stated that Abraxas Capital the large short position was opened from May and that the address had continued taking profits since November.
06
The original text stated that the address's position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short positions typically profit when the underlying asset's price falls. The post showed a Abraxas Capital short position held by an address referred to as the ZEC main address, along with its P&L, price, liquidation price, and size, but all of these were disclosures from the monitoring post.
Why it matters to readers
If the disclosure is accurate, this approximately 51020000 USD short position in ZEC could attract market attention; however, the position of a single address alone cannot prove whether ZEC will rise or fall afterward.
Beginners may treat this as a position lead requiring verification and should not make trading decisions based solely on a whale address, unrealized profit, or liquidation price.
Risks and unknowns
The title said "unrealized profit had narrowed," but the stated P&L rose from 8,529,000.17 USD to 10,531,515.72 USD, creating an inconsistency in the wording.
The original text did not provide on-chain records or platform position evidence that could independently verify the position data.
The address cannot be confirmed solely from the original text to be controlled by Abraxas Capital.
The original text did not specify the years corresponding to May and November.
It is unknown whether the address subsequently took profits, closed the position, or adjusted its position.
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Related concepts
Short Position
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