According to CoinMeta, the Abraxas Capital main address increased its holdings of BTC short positions by 45.11 coins, which is approximately $2.8756 million. The current holding size of this account is $106 million, with the average price adjusted from $68,078.30 to $68,421.90. The current profit and loss is -$13.5261 million, resulting in a loss rate of -63.53%. The current coin price is $78,381.35, while the liquidation price is $134,110.58. This account began building positions in May and was once the largest contract fund holder for HyperLiquid, with a holding size reaching $920 million in November before continuously taking profits.