According to CoinMeta, the floating loss on the BTC short position of the Abraxas Capital main address has narrowed from $14.4065 million (-51.25%) to $12.3074 million (-44.42%). The average price of this address is $70,898.60, the current coin price is $77,810.95, the liquidation price is $128,949.70, and the position size is $139 million. This address started building positions in May and was once the largest contract capital holder for HyperLiquid, and has been taking profits continuously since November, with the position size reaching $920 million at one point.