According to CoinMeta, the Abraxas Capital main address increased its holdings of the ETH short position by 873.90 coins, which is approximately $2.0769 million. The total holding size of this account is $104 million, with the average price adjusted from $2,025.22 to $2,033.30. The current profit and loss is -$16.606 million, representing a loss ratio of -79.88%. The current price of ETH is $2,419.90, while the liquidation price is $3,836.27. This account has been holding large short positions since May; previously, it was the whale with the largest contract funding scale for HyperLiquid. Starting in November, it began to take profits, and the holding size once reached $920 million.