According to CoinMeta, the Abraxas Capital main address recently increased its short position in BTC by 23.67 coins, which is approximately equivalent to $200,4710.64. The current holding size of this address is $129,140,446.23, with the average price adjusted from $70,220.40 to $70,325.30. As of now, the current profit and loss for this address is -$12,583,988.52, the current coin price is $77,917.96, and the liquidation price is $127,859.03. This address has been holding large short positions since May and was once the whale with the largest contract capital size for HyperLiquid. Starting from November, it began to take profits continuously, with the holding size reaching up to $920 million.