According to CoinMeta, the Abraxas Capital main address increased its short position by 503,144,983 coins, which is approximately $2.24 million, bringing the total holding size to $15,243,990.91. The average price per coin was adjusted from $0.02457 to $0.02459. Currently, this account has a loss of -$278,225.44, with the current coin price at $0.02467 and a liquidation price of $0.03. This account began building positions in May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.