Abraxas Capital's gold short position reaches $30.1 million

According to HyperInsight monitoring, Abraxas Capital continues to increase its short position on the gold mapping contract xyz: GOLD at the Hyperliquid platform sub address 0xb83, with a total position size of 30.1 million US dollars. The average position price has been revised up from 4786 US dollars to 5281 US dollars, with a liquidation price of 6989 US dollars. The current floating profit is about 680000 US dollars. In the past three days, the address has deposited $7.5 million to expand its short position. It significantly increased its holdings early this morning and partially took profits in the past two hours. In addition, the address chain holds approximately $6.85 million worth of XAUT spot goods. Abraxas Capital's total holdings have decreased from a peak of $920 million in November last year to approximately $40 million.