According to CoinMeta, the Abraxas Capital main address increased its gold short position by 275.54 lots, which is approximately $1,199,338.34. The total position size reached $24,546,789.35, and the average price was adjusted from $4,103.42 to $4,101.98. Currently, the profit and loss on this short position is +$147,422.01 (+2.40%), with the current price at $4,077.49 and the liquidation price at $8,196.95. This account began building positions in May and was once the largest contract holder for HyperLiquid, with a position size reaching $920 million in November.