Abraxas Capital The labeled main address's ZEC short position's unrealized profit narrowed to approximately 13770000 USD
BIBIBI
AT A GLANCE
The post stated that the Abraxas Capital main address's ZEC short position's unrealized profit narrowed to 13,774,675.01 USD。
Article
🐳【Abraxas Capital Main Address]ZEC Short position unrealized profit narrows!
▫️ Profit and loss: +16,039,474.31 USD (+105.74%) → +13,774,675.01 USD (+86.50%)
▫️ Average entry price: 1,478.36 USD▫️ Current token price: 1,147.50 USD▫️ Liquidation price: 5,270.38 USD▫️ Position size: 47,773,110.15 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened on May, and this address was previously the whale with the Hyperliquid largest contract capital size.November; from then on, the address continuously took profits, with the position size previously reaching 920000000 USD。 🔥
Key points
01
The post labeled the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address.”
02
The post stated that this address's ZEC short position profit and loss changed from +16,039,474.31 USD（+105.74%） to +13,774,675.01 USD（+86.50%）。
03
The post listed the average entry price as 1,478.36 USD, the current token price as 1,147.50 USD, and the liquidation price as 5,270.38 USD。
04
The position size listed in the post was 47,773,110.15 USD。
05
The post stated that the large short position was opened on May, and that the address had continuously taken profits since November.
06
The post stated that this address's position size had previously reached 920000000 USD, and that it had once been the Hyperliquid whale with the largest contract capital size.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information tracks the position of a wallet labeled Abraxas Capital main address. The post shows that its ZEC short position remains profitable, but both the unrealized profit amount and return rate have declined from earlier levels.
Why it matters to readers
This position is substantial. Changes in unrealized profit and whether profits continue to be taken are important information for monitoring subsequent changes in this address's position; however, the post itself cannot prove the future price direction.
Beginners should note that “narrowing unrealized profit on a short position” is not the same as “already incurring a loss”: according to the post's data, the position still shows a positive return, but the return is lower than before.
Risks and unknowns
There is no independent evidence confirming that this address is indeed Abraxas Capital。
The position, profit and loss, average entry price, token price, and liquidation price all come from a single post, and no independent verification materials were observed.
The original text did not provide the specific times corresponding to each of the profit-and-loss figures.
The original text did not state whether this address would continue taking profits, reduce its position, close its position, or be liquidated.
It is not possible to determine ZEC subsequent price direction solely from this position data.
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Related concepts
Short Position
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