Abraxas Capital ZEC Short Position Floating Profit Exceeds $33 Million
2026-11-11 15:13:42
According to CoinMeta, two addresses of Abraxas Capital are currently the largest short sellers of ZEC. They have been shorting ZEC for over 60 days and currently hold a total of 86.88 million US dollars in ZEC short positions, with a floating profit of up to 33.6399 million US dollars. Among them, address 0xb83d holds 49,500 short positions, valued at 49.89 million US dollars, with a floating profit of 16.3079 million US dollars; address 0x5b5d holds 36,800 short positions, valued at 37.06 million US dollars, with a floating profit of 17.3321 million US dollars. Although ZEC is the most profitable target for this institution, its short position size is less than 30% of that of BTC, yet its floating profit is more than twice that of BTC. Abraxas also holds 157 million US dollars in ETH short positions, with a floating profit of 9.76 million US dollars; SOL holds 59.67 million US dollars in SOL short positions, with a floating profit of 7.51 million US dollars; and HYPE holds 110 million US dollars in HYPE short positions, with a floating profit of 5.26 million US dollars. The total short position of these two addresses amounts to 817 million US dollars, accounting for over 99.6% of the short positions, with a combined perpetual net floating profit of over 102 million US dollars. Among them, ZEC contributes nearly one-third of the profits for this currency.
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Source:Internet
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