According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 31.55 coins, which is approximately $2 million. The current holding size of this account is $33,294,152.31, with an average price of $64,110.90. The current profit and loss is +$252,179.05 (+3.79%), the current coin price is $63,628.96, and the liquidation price is $118,702.23. This account started building positions in May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.