According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 42.95 coins, which is approximately $2.16 million. The current holding size of this account is $60.1861 million, with an average price of $62,955.40. The current profit and loss is -$171,051.94 (-14.21%), the current coin price is $64,796.96, and the liquidation price is $112,315.99. This account has held large short positions since May; previously, it was the whale with the largest contract funding size for HyperLiquid. Starting in November, it began to take profits, and the holding size once reached $920 million.