Giant whale Abraxas added more short positions again, and ETH feels a bit uncertain this round.

CoinDesk announcement: Abraxas Capital’s main address increased its ETH short position by 1,653.79 ETH, worth about $3,024,364.94. Its current position size is $16,694,618.93. The average entry price has been adjusted from $1,866.58 to $1,859.79. The current profit and loss is +$270,870.53 (+16.23%). The current ETH price is $1,830.10, and the liquidation price is $3,291.20. Since building the position in May, the address was once a whale and the largest contract capital holder on HyperLiquid. Starting in November, it continued to take profit; the position size had previously reached $920 million.