According to CoinMeta, the Abraxas Capital main address recently increased its short position in BTC by 33.48 coins, which is approximately equivalent to $2,178,013.77. The current holding size of this address has reached $95,998,395.92, with the average price adjusted from $67,237.70 to $67,508.30. As of now, the current profit and loss for this address is -$11,948,150.63, representing a loss rate of -62.23%. The current coin price is $77,104.94, while the liquidation price is $134,480.92. This address has been holding large short positions since May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.