According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 31.69 coins, which is approximately $2.0559 million. The current holding size of this account is $4.7823 million, with an average price of $64,110.90. The current profit and loss is -$40,535.70 (-4.24%), the current coin price is $64,658.96, and the liquidation price is $416,499.93. This account 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.