Data: Abraxas Capital holds two addresses with ZEC short positions, with an unrealized total profit of 118 million USD

According to on-chain analyst Yu Jin's monitoring, as the price of ZEC has significantly dropped and fallen below 1000 USD, Abraxas Capital holds ZEC short positions at two addresses on Hyperliquid—Abraxas Capital related address (0xb83...6e36) and Abraxas Capital related address (0x5b5...8c060)—with an unrealized profit of 34.98 million USD from ZEC positions alone.

The total unrealized profit of the two addresses with open positions is 118 million USD.