According to CoinMeta, the Abraxas Capital main address increased its holdings of the ETH short position by 1,042.11 coins, which is approximately equivalent to $2.1346 million. The total holding size of this account has reached $50,120,224.90, with the average price adjusted from $1,877.99 to $1,878.35. Currently, the profit and loss is -$292,990.42 (-2.92%), the current coin price is $1,889.39, and the liquidation price is $2,788.06. This account has been holding large short positions since May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.