According to CoinMeta, the Abraxas Capital main address recently increased its short position in ETH by 592.92 coins, which is approximately $2.13 million. Currently, the holding size of this account is $126 million, with the average price adjusted from $2,097.27 to $2,101.24. The current profit and loss is -$1,779,325.23, representing a profit and loss ratio of -70.61%. The current price of ETH is $2,446.79, while the liquidation price is $4,024.37. This account has been holding large short positions since May; previously, it was the whale with the largest contract funding scale for HyperLiquid. Starting from November, it began to take profits, and the holding size once reached $920 million.