According to CoinMeta, the Abraxas Capital main address recently reduced its short position in HYPE by 8,442.44 coins, which is approximately $2.21 million. The current holding size of this address is $74.825 million, with an average price of $67.79 per coin. The current profit and loss is -$12.8717 million, representing a profit and loss ratio of -86.01%. The current coin price is $81.87, while the liquidation price is $170.19. 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.