ZEC fell below 1,000, and someone on the other side is laughing their head off 🤣

Abraxas Capital has 3x ZEC short positions open at two addresses on Hyperliquid

Entry prices: 1,336 and 1,478

The unrealized profit on this ZEC position alone is $34.98 million

The unrealized profit across all open positions at both addresses totals $118 million

In the afternoon, I was watching the bulls get trapped. By evening, I saw the other side cashing in

On the same candle, some get trapped while others rake it in—that’s futures trading 😅
$ZEC