According to CoinMeta, the floating loss on the ETH short position of the Abraxas Capital main address has expanded to 20.57 million US dollars, with a loss ratio of 83.28%. The average price of this address was 2,085.69 US dollars, the current coin price is 2,502.49 US dollars, and the liquidation price is 4,161.51 US dollars. The holding size is 124 million US dollars. This address established a large short position since May and was once the largest contract capital holder for HyperLiquid, and has been taking profits continuously since November, with a holding size that once reached 920 million US dollars.