Abraxas Capital Main address ZEC Short position unrealized profit expands to 6582700 USD
BIBIBI
AT A GLANCE
The post said that the “Abraxas Capital Main address”’s ZEC short-position unrealized profit increased to 6582700 USD，but the data and address attribution have not been independently verified.
Article
🐳【Abraxas Capital Main address】ZEC Short position unrealized profit expands!
▫️ P&L: +4,345,657.03 USD (+24.20%) → +6,582,743.63 USD (+38.24%)
▫️ Average entry price: 1,501.26 USD▫️ Current coin price: 1,331.51 USD▫️ Liquidation price: 5,031.14 USD▫️ Position size: 51,637,589.74 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital A large short position was opened from May; previously, this was the whale with the largest contract capital on Hyperliquid.November Since 920000000 USD。 🔥
Key points
01
The post labeled the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060“Abraxas Capital Main address.”
02
The post said that the address’s ZEC short-position P&L expanded from +4,345,657.03 USD（+24.20%）to +6,582,743.63 USD（+38.24%）。
03
The post listed an average entry price of 1,501.26 USD，a current coin price of 1,331.51 USD，and a liquidation price of 5,031.14 USD。
04
The post listed the position size as 51,637,589.74 USD。
05
The post said that the large short position was opened from May，and that the address had been taking profit continuously since November，with its position size previously reaching 920000000 USD。
06
The post said that the address was previously the whale with the largest contract capital on Hyperliquid.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This post describes a ZEC short position: the current coin price listed in the post is below the short position’s average entry price, while the position is shown as being in unrealized profit, with the unrealized profit larger than before. “Unrealized profit” means that the position recorded in the post still has paper profits; the post also says that the address has been taking profit continuously.
Why it matters to readers
The post showed a 51,637,589.74 USD short position of ZEC and its P&L changes. Therefore, whether the address will continue taking profit, reduce its position, or change its positioning is worth monitoring. However, this is only the post’s description of a single address and cannot be used to confirm the overall market direction.
Beginners should treat this as unverified single-source position information, not trading advice. Pay particular attention to the average entry price, current coin price, liquidation price, position size, and unrealized profit, and note that paper profits do not equal realized profits.
Risks and unknowns
There is no independent evidence confirming that the address belongs to Abraxas Capital。
The position, P&L, coin price, liquidation price, and historical size reported in the post have not been independently verified.
The post does not specify +38.24%the precise calculation methodology.
“May” and “November” are not dated by year.
The address’s actions alone cannot determine ZEC the overall market direction.
Related Developments
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The post does not state whether the position is still unchanged.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
