According to CoinMeta, the Abraxas Capital main address recently reduced its short position in BTC by 58.60 coins, amounting to approximately $3.3567 million. The current holding size of this address is $20,083,709.13, with an average price of $64,110.90. The current profit and loss is +$191,504.34 (+4.77%), the current coin price is $63,505.36, and the liquidation price is $146,385.00. This address has held large short positions since May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.