According to CoinMeta, the Abraxas Capital main address recently increased its holdings of BTC short positions by 40.90 units, amounting to approximately $4.06 million. The total holding size of this account has reached $113,467,075.76, with the average price adjusted from $68,638.60 to $68,941.30. The current profit and loss is -$15,001,804.60, representing a loss rate of -66.11%. The current price of BTC is $79,444.95, while the liquidation price is $128,658.04. This account began building positions in May and was once the largest contract holder, or "whale," for HyperLiquid, with holdings reaching up to $920 million since November.