According to CoinMeta, the Abraxas Capital main address recently reduced its short position in ETH by 1,348.57 coins, which is approximately equivalent to $2,641,474.06. Currently, the account's holding size is $57,061,867.10, with an average price of $1,877.00. The current profit and loss is -$1,065,224.65 (-9.33%), the current coin price is $1,912.71, and the liquidation price is $2,811.58. This account has held large short positions since May; previously, it was the whale with the largest contract funding size for HyperLiquid. Starting from November, the account began to take profits, and its holding size once reached $920 million.