According to CoinMeta, the Abraxas Capital main address recently increased its short position in BTC by 16.05 coins, which is approximately equivalent to $2265,936.80. The total holding size of this account has reached $125,042,528.98, with the average price adjusted from $69,785.20 to $69,877.90. Currently, the account's profit and loss stands at -$15,201,897.51, representing a loss rate of -60.79%. The current price of BTC is $79,548.98, while the liquidation price is $129,011.34. This account has held large short positions since May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million as of November.