The wallet labeled Abraxas Capital Main address's ZEC short-position unrealized profit rose to 14500000 USD
BIBIBI
AT A GLANCE
The unrealized profit on the short position disclosed by one address ZEC rose to approximately 14504800 USD, but the information has not been independently verified.
Article
🐳【Abraxas Capital Main address】ZEC Short position unrealized profit expanding!
▫️ P&L: +12,493,795.69 USD (+78.10%) → +14,504,815.48 USD (+94.63%)
▫️ Average entry price: 1,495.66 USD▫️ Current coin price: 1,137.00 USD▫️ Liquidation price: 5,104.21 USD▫️ Position size: 45,982,019.61 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened starting May, and the address was previously the whale with the largest contract position on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The post stated that the Abraxas Capital Main address's ZEC short-position unrealized profit rose from 12,493,795.69 USD（+78.10%) to 14,504,815.48 USD（+94.63%）。
02
The average entry price listed in the post was 1,495.66 USD, the current coin price was 1,137.00 USD, and the liquidation price was 5,104.21 USD。
03
The position size listed in the post was 45,982,019.61 USD, and the address was 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
04
The post stated that the address established a large short position starting May, with its position size previously reaching 920000000 USD, and has been taking profits continuously since November.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position generally indicates a bet on a price decline; if the price is below the average entry price, the position may generate unrealized profit. The figures here come from the post disclosure, and a single piece of information cannot by itself confirm the address attribution or market trend.
Why it matters to readers
The unrealized profit change in the large ZEC short position may draw market attention to the downside risk of ZEC, but the position change of a single address is insufficient to determine the price direction.
Beginners should distinguish between unrealized profit and realized gains, and should also note that the liquidation price, position size, and address attribution all require further verification.
Risks and unknowns
Abraxas Capital The attribution relationship with the listed address has not been independently verified in the evidence.
The claims regarding position data, the opening time, and continuous profit-taking are provided solely by the post and lack an independent source.
The post contains promotional content for Hyperliquid on-chain data services, and the information may have a promotional bias.
Changes in a single address's short position cannot by themselves prove that ZEC will continue to decline.
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Related concepts
Short Position
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