HyperInsight stated Abraxas Capital that the labeled main address increased its 839.79 units of ZEC short positions
BIBIBI
AT A GLANCE
The Telegram channel stated that the wallet labeled as Abraxas Capital the main address increased its position by 839.79 units of ZEC short positions.
Article
🐳 【Abraxas Capital Main address】ZEC Short position rolled over!
💰ZEC increased its short position by 839.79 units, equivalent to approximately 2,232,594.58 USD▫️ Position size: 50,504,442.05 USD▫️ Average price: 1,495.63 USD → 1,489.91 USD▫️ Current P&L: +11,007,050.90 USD (+65.38%)
▫️ Current token price: 1,223.30 USD▫️ Liquidation price: 4,866.93 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting in May Previously, it was Hyperliquid the whale with the largest contract capital position.November Since then, this address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The text stated that this address increased its short position by 839.79 units, equivalent to approximately ZEC 2,232,594.58 USD。
02
The position size listed in the text was 50,504,442.05 USD。
03
The average price listed in the text changed from 1,495.63 USD to 1,489.91 USD。
04
The current P&L listed in the text was +11,007,050.90 USD（+65.38%）。
05
The current token price listed in the text was 1,223.30 USD, and the liquidation price was 4,866.93 USD。
06
The address provided in the text was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
07
The text stated that this address began building its position starting in May and described it as previously being Hyperliquid the whale with the largest contract capital position.
08
The text stated that this address has continuously taken profits since November and that its position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is monitoring information about a ZEC contract short-position address. A short position reflects a bet on a price decline; the text states that this address increased its short position by 839.79 units ZEC and lists the position, P&L, and liquidation price.
Why it matters to readers
If the position data in the article is accurate, this is a sizable ZEC short position that could become a market trading signal of interest; however, the position of a single address cannot directly represent the overall market trend.
Beginners should distinguish between a short position, spot holdings, and actual realized profits. The current P&L in the text is data displayed on the page and does not equal profits that have already been realized.
Risks and unknowns
The evidence did not independently confirm whether this address is indeed Abraxas Capital the main address.
The evidence did not provide independently verifiable on-chain or platform position records.
The evidence did not state whether the listed current P&L had already been realized.
The evidence did not state which years May and November correspond to.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
