According to CoinMeta, the ETH short position of the Abraxas Capital main address increased by 255.53 coins, which is approximately $2.32 million. The current holding size is $124 million, with the average price adjusted from $2,082.36 to $2,084.43. The current profit and loss is -$21.3697 million (-86.14%), the current coin price is $2,518.30, and the liquidation price is $3,969.78. This account began building positions in May and was once the largest contract capital holder for HyperLiquid. From November, it started taking profits continuously, with the holding size reaching up to $920 million.