According to CoinMeta, the Abraxas Capital main address recently increased its holdings of ETH short positions by 876, totaling approximately $2.07 million. The current holding size of this address has reached $77,922,477.30, with the average price adjusted from $1,916.95 to $1,927.52. As of now, the current profit and loss for this address is -$13,182,273.59, representing a loss ratio of 84.59%. The current price of ETH is $2,320.00, while the liquidation price is $3,767.34. This address began building positions in May and was once the largest contract capital holder for HyperLiquid, with holdings reaching up to $920 million since November.