According to CoinMeta, the Abraxas Capital main address increased its short position by 105,264,413 coins, which is approximately equivalent to $480,295.03. The current holding size is $2,580,442.18, with the average price adjusted from $0.02332 to $0.02346. The current profit and loss is -$447,893.48, representing a loss percentage of -86.79%. The current coin price is $0.02419, and the liquidation price is $0.09. This account began building positions in May and was once the largest contract capital holder for HyperLiquid, with a holding size reaching $920 million in November.