Abraxas Capital Main address ZEC short-position unrealized profit narrowed to 6191600 USD
BIBIBI
AT A GLANCE
The channel stated that Abraxas Capital the short-position unrealized profit of the labeled address ZEC fell from 8370100 USD to 6191600 USD。
Article
🐳【Abraxas Capital Main address】ZEC Short-position unrealized profit narrowing!
▫️ P&L: +8,370,097.68 USD (+50.37%) → +6,191,636.44 USD (+35.70%)
▫️ Average price: 1,501.26 USD▫️ Current coin price: 1,341.60 USD▫️ Liquidation price: 4,768.84 USD▫️ Position size: 52,028,696.93 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened starting May, and this was previously the whale with the largest contract capital on Hyperliquid.November Starting 920000000 USD。 🔥
Key points
01
The post stated that the ZEC short-position unrealized profit decreased from 8,370,097.68 USD（+50.37%) to 6,191,636.44 USD（+35.70%）。
02
The average price listed in the post was 1,501.26 USD, the current coin price was 1,341.60 USD, and the liquidation price was 4,768.84 USD。
03
The position size listed in the post was 52,028,696.93 USD。
04
The address provided in the post was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
05
The post stated that Abraxas Capital the large short position was opened starting May, and that November starting then, the address continuously took profit; its position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position bets on a price decline; narrowing unrealized profit means that the position's currently displayed profit has decreased. The data in the post shows that both the unrealized profit and the return rate are lower than previously.
Why it matters to readers
This indicates that the ZEC short position described in the post showed reduced profit at the time of disclosure, but a single channel post cannot confirm the overall market trend.
This can help beginners understand such derivatives data as short positions, unrealized profit, average price, liquidation price, and position size.
Risks and unknowns
Whether the address in the post actually belongs to Abraxas Capital has not been independently verified.
The position, P&L, and price data in the post were not accompanied by independently verifiable on-chain or exchange records.
Based solely on changes in the address's position, it is impossible to confirm the overall trend of the ZEC spot or derivatives market.
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Related concepts
Short Position
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