According to CoinMeta, the Abraxas Capital main address recently increased its short position in ETH by 886.65 coins, which is approximately $2.024 million. The holding size of this account has reached $70.7338 million, with the average price adjusted from $1,883.55 to $1,894.23. Currently, the profit and loss is -$12.2116 million, representing a profit and loss ratio of -86.32%. The current price of ETH is $2,289.49, while the liquidation price is $3,708.26. This account began building positions in May and was once the largest contract capital holder for HyperLiquid, with a holding size reaching $920 million in November.