According to CoinMeta, the Abraxas Capital main address increased its holdings of XRP short positions by 807,202, equivalent to approximately $358,636.17. The current holding size of this account is $6,638,345.20, with the average price dropping from $1.58 to $1.57. The current profit and loss is +$511,456.64 (+154.09%), the current coin price is $1.46, and the liquidation price is $15.02. This account began building positions in May and was once the largest contract capital holder for HyperLiquid, and has been taking profits continuously since November, with a holding size that once reached $920 million.