Abraxas Capital Main address ZEC short-position unrealized profit narrowed to 4372800 USD
BIBIBI
AT A GLANCE
Telegram stated that Abraxas Capital the main address's ZEC short-position unrealized profit fell to 4372800 USD。
Article
🐳【Abraxas Capital Main address]ZEC Short position unrealized profit narrows!
▫️ P&L: +6,582,743.63 USD (+38.24%) → +4,372,803.78 USD (+24.36%)
▫️ Average entry price: 1,501.26 USD▫️ Current coin price: 1,388.50 USD▫️ Liquidation price: 4,650.19 USD▫️ Position size: 53,847,529.58 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May; previously, it was the whale with the largest contract capital size.Hyperliquid November Starting from, this address has continuously taken profit; its position size previously reached 920000000 USD。 🔥
Key points
01
A Telegram message stated that Abraxas Capital the main address's ZEC short-position P&L was +4,372,803.78 USD（+24.36%), previously it was +6,582,743.63 USD（+38.24%）。
02
The average entry price listed in the message was 1,501.26 USD, the current coin price was 1,388.50 USD, and the liquidation price was 4,650.19 USD。
03
The position size listed in the message was 53,847,529.58 USD。
04
The address listed in the message was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The message stated that the address's previous position size reached 920000000 USD, and that it has continuously taken profit since November.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that bets on a price decline. Based on the data in the message, the current price is below the average entry price, so the position shows an unrealized profit; however, the message also states that the unrealized profit fell from 6,582,743.63 USD to 4,372,803.78 USD。
Why it matters to readers
These data show that the short position disclosed for the address ZEC still shows a profit, but the profit amount is lower than before. A single message cannot confirm ZEC the overall market trend or the actual status of the position.
Beginners can understand this as unrealized P&L data in the downward direction that has not yet been realized; unrealized profit does not mean it has already been realized, and changes in the position may also alter the outcome.
Risks and unknowns
The above information comes from a Telegram message; the evidence does not provide independently verifiable on-chain proof of the position.
The address cannot be confirmed solely from this message to belong to Abraxas Capital。
It cannot be confirmed whether the position subsequently continued taking profit, was closed, or was increased.
The evidence does not state which years “May” and “November” correspond to.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
