According to CoinMeta, the BTC short position of the Abraxas Capital main address has been increased to 1.97 coins, which is approximately equivalent to $2,260,696.53. The current holding size is $123,016,044.54, and the average price has been adjusted from $69,877.90 to $69,889.00. The current profit and loss for this account is -$13,020,532.38 (-52.92%), with the current coin price at $78,161.99 and the liquidation price at $137,946.99. This account has held large short positions since May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.