According to CoinMeta, the Abraxas Capital main address recently increased its short position in BTC by 16.38 coins, which is approximately equivalent to $1,031,298.81. The current holding size of this account is $2,837,531.66, with the average price adjusted from $62,825.00 to $62,839.80. As of now, the account's current profit and loss is -$2,531.68 (-0.45%), the current coin price is $62,895.92, and the liquidation price is $614,524.37. This account has held large short positions since May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.