According to CoinMeta, the Abraxas Capital main address recently increased its short position in ETH by 257.21 coins, which is approximately $2.094 million. The current holding size of this account is $63.619 million, with the average price adjusted from $1,881.02 to $1,883.09. The current profit and loss is -$7.2188 million (-56.73%), the current coin price is $2,124.11, and the liquidation price is $3,455.36. This account has been holding large short positions since May; previously, it was the whale with the largest contract funding size for HyperLiquid. Starting in November, it began to take profits, and the holding size once reached $920 million.