According to CoinMeta, the Abraxas Capital main address recently increased its short position by 185,728,182 coins, which is approximately equivalent to $1,375,830.05. The current holding size of this account is $5,547,033.42, with the average price adjusted from $0.02371 to $0.02391. The current profit and loss is -$1,298,349.88, representing a loss ratio of -117.03%. The current coin price is $0.02511, while the liquidation price is $0.07. This account began building positions in May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.