According to CoinMeta, the Abraxas Capital main address increased its holdings of XRP short positions by 587,170 coins, which is approximately equivalent to $911,268.75. The current holding size is $4,876,627.68, with an average price of $1.57. The current profit and loss is -$11,823.55 (-4.85%), the current coin price is $1.58, and the liquidation price is $21.40. This account has been building positions since May and was once the largest contract capital holder for HyperLiquid. Starting from November, it began to take profits continuously, with a holding size that reached $920 million at one point.