According to CoinMeta, the floating profit from the short positions of hedge fund Abraxas Capital has further expanded. Currently, two of its addresses hold a total of $697 million in short positions, with a floating profit of $130 million, and they are also collecting funding fees. Specifically, BTC holds approximately $257 million in short positions, with a floating profit of $28.93 million and collects a funding fee of $7.51 million; HYPE holds about $108 million in short positions, with a floating profit of $5.78 million and collects a funding fee of $13.93 million; ZEC holds roughly $80.1 million in short positions, with a floating profit of $40.03 million and collects a funding fee of $1.62 million; ETH has one address holding $64.35 million in short positions, with a floating profit of $11.96 million and collects a funding fee of $4.87 million. Just for these four targets, a total of $27.93 million in funding fees have been collected.