According to CoinMeta, the Abraxas Capital main address increased its holdings of XRP short positions by 289,829, equivalent to approximately $433,354.13. The current holding size is $1,720,552.92, with the average price dropping from $1.60 to $1.57. The current profit and loss is +$90,246.48 (+104.90%), the current coin price is $1.50, and the liquidation price is $50.05. This account has been building positions since May and was once the largest contract capital holder for HyperLiquid. Starting in November, it began to take profits continuously, with the holding size reaching up to $920 million.