According to CoinMeta, the floating loss on the ETH short position of the Abraxas Capital main address has expanded to approximately $12.1876 million, with a loss ratio of 88.69%. The average price of this address was $1,883.55, the current coin price is $2,289.69, and the liquidation price is $3,361.98. The holding size is $68.7098 million. This address started building positions in May and was once the whale with the largest contract capital size for HyperLiquid. Since November, it has been continuously taking profits, and the holding size once reached $920 million.