Abraxas Capital Main address ZEC short-position unrealized profit rose to 13760000 USD
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AT A GLANCE
The post says Abraxas Capital's ZEC short-position unrealized profit rose to 13764900 USD。
Article
🐳【Abraxas Capital Main address】ZEC Short-position unrealized profit increasing!
▫️ P&L: +11,474,276.96 USD (+68.31%) → +13,764,885.34 USD (+85.85%)
▫️ Average entry price: 1,488.11 USD▫️ Current coin price: 1,157.00 USD▫️ Liquidation price: 5,527.69 USD▫️ Position size: 48,098,618.88 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began building on May, previously the whale with the largest contract capital size. Since Hyperliquid the address has continued taking profit; its position size previously reached November From 920000000 USD。 🔥
Key points
01
The post says Abraxas Capital the main address's ZEC short-position unrealized profit rose from 11,474,276.96 USD（+68.31%) to 13,764,885.34 USD（+85.85%）。
02
The average entry price of the short position listed in the post is 1,488.11 USD, the current coin price is 1,157.00 USD, and the liquidation price is 5,527.69 USD。
03
The position size listed in the post is 48,098,618.88 USD, and the address is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
04
The post says the large short position began building on May, and the address has continued taking profit since November, with its position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position profits when prices decline. The post states that the address's ZEC short-position unrealized profit increased, with the current coin price below the average entry price.
Why it matters to readers
If the post's data is accurate, this indicates that the address currently holds a large ZEC short position and that its unrealized profit is increasing; however, the activity of a single address does not represent the overall market.
Beginners can first distinguish between unrealized profit, position size, average entry price, and liquidation price: unrealized profit is unrealized gain, while the liquidation price is the price at which a position may be forcibly liquidated.
Risks and unknowns
The information comes from a Telegram post; the original text did not provide an independently verifiable on-chain position link.
The original text does not state which years “May” and “November” refer to.
The original text does not state whether the address still holds the full position or whether it will continue taking profit.
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Related concepts
Short Position
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