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CoinWorld news: Abraxas Capital’s main address recently increased its long position in BTC by 23.57 coins, which is approximately $1,841,269.84. Its total position size has reached $10,404,890.15. The average price was adjusted from $77,286.50 to $77,121.90. Currently, the address’s current profit and loss is -$85,001.38 (-8.17%), with the current coin price at $76,496.97 and the liquidation price at $42,330.57. It is worth noting that Abraxas Capital’s large short position was built starting in May. Prior to that, it was the whale with the largest contract fund size on Hyperliquid. Starting in November, the address has continuously taken profits, and its position size previously reached $920 million.