According to CoinMeta, the Abraxas Capital main address recently increased its short position in BTC by 34.11 coins, which is approximately $2.1146 million. The total holding size of this account has reached $39.0066 million, with the average price adjusted from $62,889.70 to $62,897.70. The current profit and loss is -$97,305.70 (-1.25%), the current coin price is $63,055.00, and the liquidation price is $117,522.62. This account has been holding large short positions since May; previously, it was the whale with the largest contract funding size for HyperLiquid. Starting in November, it began to take profits, and the holding size once reached $920 million.