[Collateral Value Approximately $350 Million, Abraxas Capital-Linked Address Continues to Reduce ETH Leverage] Odaily Planet Daily News: The Abraxas Capital-linked address (0xed0c...4312) has recently increased its ETH collateral and reduced borrowing leverage. Last night, the address transferred 20,000 ETH from Aave to Spark, subsequently repaying approximately $55 million USDS. Today, it borrowed another $10 million USDS, resulting in a net reduction of about $45 million in borrowing. Over the past week, the address has made a net deposit of 57,000 ETH into Spark, of which 50,000 ETH was transferred from Aave. During the same period, it cumulatively borrowed $93.38 million USDS and repaid approximately $93 million USDS, keeping the borrowing scale roughly stable, while the health factor increased from 1.59 to 2.42. As of the time of writing, the address holds approximately 140,800 WETH in deposits on Spark, with a collateral value of about $350 million and total debt of approximately $124 million, corresponding to a borrowing leverage of about 1.55x. Based on the current collateral and debt calculations, liquidation could be triggered if the ETH price drops to around $1,028.