According to CoinMeta, the Abraxas Capital main address increased its holdings of XRP short positions by 641,536, which is approximately equivalent to $1,403,081.34. The total holding size reached $6,279,709.02, and the average price was adjusted from $1.57 to $1.58. Currently, the account's profit and loss stands at -$371,904.96, with a profit and loss ratio of -118.45%. The current coin price is $1.68, while the liquidation price is $17.85. This account began building positions in May and was once the largest contract fund holder for HyperLiquid, with a holding size reaching $920 million in November.