Monitoring indicates Abraxas Capital The main address increased its position by 1,306.96 coins ZEC short position
BIBIBI
AT A GLANCE
Reports say Abraxas Capital the main address increased its holdings of 1,306.96 coins ZEC short positions, with a current unrealized loss of approximately 3028200 USD。
Article
🐳 【Abraxas Capital Main address】ZEC Short position averaged down!
💰ZEC Increased short position by 1,306.96 tokens, equivalent to approximately 2,271,627.65 USD▫️ Position size:16,001,180.94 USD▫️ Average entry price:1,227.22 USD → 1,267.37 USD▫️ Current P&L:-3,028,162.98 USD (-56.77%)
▫️ Current token price:1,563.20 USD▫️ Liquidation price:13,080.31 USD📌 Address:0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began establishing positions on May, and was previously the whale with the largest contract position size on Hyperliquid.November, this address has continuously taken profits; its position size previously reached 920000000 USD. 🔥
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Key points
01
The original text states ZEC increased its short position by 1,306.96 tokens, equivalent to approximately 2,271,627.65 USD。
02
The position size listed in the original text is 16,001,180.94 USD。
03
The original text states that the average price changed from 1,227.22 USD to 1,267.37 USD。
04
The post listed current profit/loss as -3,028,162.98 USD (-56.77%).
05
The current coin price listed in the original text is 1,563.20 USD, with a liquidation price of 13,080.31 USD。
06
The address provided in the source text is 0x5b5d51203a0f9079f8aeb098a6523a13F298C060。
07
The original annotation states that this large short position began being established on May, with profit-taking continuing from November, and that the position size had previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information describes a ZEC short position that was further increased, i.e., a bet on a price decline. After the increase, the average entry price rose; however, based on the current token price stated in the original text, the position remains at a substantial unrealized loss.
Why it matters to readers
Increases in large positions, unrealized losses, and liquidation prices may indicate the address's trading direction and risk exposure, but do not mean that the market will necessarily move in line with its assessment.
Beginners may use this to understand short positions, average entry price, unrealized profit and loss, and liquidation price, but should not copy a trade solely based on position data from a single address.
Risks and unknowns
It cannot be confirmed from the original text alone that this address is controlled by Abraxas Capital.
The position, token price, profit and loss, and liquidation price may all change with market conditions, and the accuracy and timeliness of the original data have not been independently verified.
The original text provides no on-chain transaction records or other evidence to verify the additional purchases and historical position descriptions.
The original text does not explicitly specify “May”“November” or the previously 920000000 USD held assets’ corresponding years and specific times.
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Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
