Abraxas Capital Main address ZEC short position shows approximately 7969200 USD
BIBIBI
AT A GLANCE
The message stated that Abraxas Capital held approximately 52520000 USD ZEC short positions, but the data contradicts the wording of the headline.
Article
🐳【Abraxas Capital Main address】ZEC Short-position unrealized profit expanding!
▫️ P&L: +10,416,176.79 USD (+62.41%) → +7,969,172.10 USD (+45.52%)
▫️ Average entry price: 1,495.63 USD▫️ Current coin price: 1,298.60 USD▫️ Liquidation price: 4,388.79 USD▫️ Position size: 52,522,682.13 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position began being built in May; it was previously a whale with the largest contract capital size.Hyperliquid with the largest contract capital size.November Since then, the address has continued taking profits; its position size previously reached 920000000 USD。 🔥
Key points
01
The message stated that Abraxas Capital the main address held ZEC short positions.
02
The position size listed in the post was 52,522,682.13 USD。
03
The average entry price listed in the post was 1,495.63 USD, the current coin price was 1,298.60 USD, and the liquidation price was 4,388.79 USD。
04
The post listed two sets of P&L data: +10,416,176.79 USD（+62.41%) and +7,969,172.10 USD（+45.52%）。
05
The post stated that the address began building its position in May, and has continued taking profits since November; its position size had previously reached 920000000 USD。
06
The post stated that the address was previously Hyperliquid the whale with the largest contract capital size.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a Telegram message describing an address’s ZEC short position and P&L data. A short position generally indicates a bet on a price decline, but the message itself provides no verifiable on-chain or exchange records.
Why it matters to readers
If the position data is accurate, it indicates that the address has significant ZEC short exposure; however, the post headline says “unrealized profit expanding,” while the two listed P&L figures fell from 10416200 USD to 7969200 USD, so the data and chronological order must first be verified.
Beginners should treat this type of content as unverified position information and should not assess ZEC future trends based solely on a single address or a whale label.
Risks and unknowns
The message provides no verifiable on-chain or exchange position records.
It cannot be confirmed whether the address still holds this ZEC short position.
The chronological order of the two P&L figures is unclear, and they contradict the headline’s wording that unrealized profit is expanding.
It cannot be confirmed which specific year “May”“November” refers to.
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Related concepts
Short Position
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