Crypto World News reports that Abraxas Capital’s main address recently increased its long position in BTC by 20.49 coins, equivalent to $1,469,641.22, bringing its total position size to $8,563,620.31. The average entry price was adjusted from $77,587.50 to $77,286.50. At present, the current profit and loss for this address is -$126,783.53, the current coin price is $76,158.97, and the liquidation price is $35,551.86. It’s worth noting that Abraxas Capital started building a large short position in May; previously, it was a whale with the largest contract fund size on Hyperliquid. Starting in November, this address has continued to take profits, and its position size has previously reached as high as $920 million.