Abraxas Capital Tagged main address ZEC short position unrealized profit narrowing
BIBIBI
AT A GLANCE
The post states that the Abraxas Capital main address's ZEC short position unrealized profit narrowed from approximately 14500000 USD to approximately 12470000 USD。
Article
🐳【Abraxas Capital Main address]ZEC Short position unrealized profit narrowing!
▫️ P&L: +14,504,815.48 USD (+94.63%) → +12,466,562.36 USD (+77.88%)
▫️ Average entry price: 1,495.66 USD▫️ Current coin price: 1,187.40 USD▫️ Liquidation price: 4,946.24 USD▫️ Position size: 48,020,272.72 USD📌 Address: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060🔥 Note:Abraxas Capital The large short position began being built on May, previously the whale with the largest contract capital size.Hyperliquid November Since then, this address has continued taking profit; its position size previously reached 920000000 USD。 🔥
Key points
01
The post labeled the address 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 as “Abraxas Capital main address.”
02
The post shows this ZEC short position's P&L changing from +14,504,815.48 USD（+94.63%) to +12,466,562.36 USD（+77.88%）。
03
The average entry price listed in the post is 1,495.66 USD, the current coin price is 1,187.40 USD, and the liquidation price is 4,946.24 USD。
04
The position size listed in the post is 48,020,272.72 USD。
05
The post states that the large short position was opened on May, and that the address has continuously taken profits since November.
06
The post states that the address's position size previously reached 920000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a monitoring post about a single on-chain address's ZEC short position. A short position means that the holder is betting on a price decline; “unrealized profit narrowing” means that the paper profit not yet realized has decreased compared with before. The post provides the P&L, average entry price, current coin price, liquidation price, and position size, but does not provide independent verification of these data.
Why it matters to readers
Changes in the position and profit-taking of the large short position may be used to observe the address's trading activity, but data from a single address cannot independently prove the ZEC overall market trend.
Beginners can treat this as a large-holder position lead pending verification, and should not use the post alone to judge whether prices will rise or fall or to follow the trade; in particular, note that the short position could approach liquidation risk due to price volatility.
Risks and unknowns
Whether the address actually belongs to Abraxas Capital cannot be independently confirmed from the post.
ZEC The position, P&L, average entry price, liquidation price, and position size have not been independently verified.
“May began building the position” and “November continued taking profit since then,” as well as the historical description of the previous 920000000 USD position size, have not been independently verified.
The post does not specify the respective times corresponding to the two sets of P&L data.
Related Developments
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It is unknown whether the address will continue taking profit, close the position, or add to the short position.
Related concepts
Short Position
This term is not in the glossary yet. Browse related concepts in the glossary.
