According to CoinMeta, the Abraxas Capital main address recently increased its short position in ETH by 387.80 coins, which is approximately equivalent to $2,215,797.78. The total holding size of this account has reached $110,935,083.41, with the average price adjusted from $2,053.06 to $2,056.03. Currently, the account's profit and loss stands at -$16,661,133.26, representing a loss ratio of -75.09%. The current price of ETH is $2,419.40, while the liquidation price is $3,689.72. This account began building positions in May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million as of November.