Monitoring indicates that Abraxas Capital the main address increased its short position by approximately 2040000 USD ZEC short position
BIBIBI
AT A GLANCE
The post states that “Abraxas Capital main address” increased its holdings by 1,400.23 tokens ZEC short position, currently showing an unrealized loss of 27.10%。
Article
🐳 【Abraxas Capital Main address】ZEC Short position averaged down!
💰ZEC Added to short position by 1,400.23 units, worth approximately 2,039,931.21 USD▫️ Position size: 24,996,341.37 USD▫️ Average entry price: 1,353.70 USD → 1,365.86 USD▫️ Current P&L: -2,258,021.15 USD (-27.10%)
▫️ Current coin price: 1,501.50 USD▫️ Liquidation price: 9,194.49 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position was opened in May; previously, this whale had the largest contract capital allocation of Hyperliquid.November Since then, this address has continued taking profits; its position size previously reached 920000000 USD. 🔥
On-chain Perp live-trading social network map; view the most comprehensive Hyperliquid on-chain data:https://www.tradingbeats.xyz
Key points
01
The post states that ZEC the short position was increased by 1,400.23 tokens, equivalent to approximately 2,039,931.21 USD。
02
The position size listed in the post is 24,996,341.37 USD。
03
The post states that the average entry price changed from 1,353.70 USD to 1,365.86 USD。
04
The post listed current profit/loss as -2,258,021.15 USD (-27.10%).
05
The current token price listed in the post is 1,501.50 USD, and the liquidation price is 9,194.49 USD。
06
The address listed in the post is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060.
07
The post states that this large short position began to be established on May, and the address began continuously taking profits on November, with the position size previously reaching 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that bets on a price decline. “Averaging” here refers to continuing to add to the short position, causing the listed average entry price to rise from 1,353.70 USD to 1,365.86 USD. The post shows that the current token price is above that average price, so the position is at an unrealized loss.
Why it matters to readers
This set of data shows the short positions claimed by this address,ZEC including their size, increases, unrealized losses, and liquidation prices, which can be used to observe changes in its positions.
Beginners should distinguish between current profit or loss and the final outcome: the post shows the current unrealized profit or loss, and the position’s subsequent outcome is not provided.
Risks and unknowns
The post alone cannot confirm whether this address indeed belongs to Abraxas Capital。
The position, token price, profit and loss, and liquidation price in the post lack independent verification.
The calendar months of May and November did not specify a year.
The post did not state the data collection time, calculation method, or subsequent position changes.
The claims that the account was previously the whale with the largest contract capital on Hyperliquid and that its position had reached 920000000 USD cannot be confirmed from this post alone.
Related Developments
Loading event timeline…
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
