According to CoinMeta, the Abraxas Capital main address recently increased its short position by 287,924,458 coins, which is approximately $2.07 million. The current holding size of this account is $17,318,240.81, with the average price adjusted from $0.02459 to $0.02460. The current profit and loss is -$992,476.12, the current coin price is $0.02488, and the liquidation price is $0.03. This account began building positions in May and was once the largest contract capital holder for HyperLiquid. Starting from November, it started taking profits, and the holding size once reached $920 million.