According to CoinMeta, the Abraxas Capital main address reduced its ETH short position by 492.99 coins, which is approximately equivalent to $2.05 million at the current price. The account's holding size is $70,361,690.39, with an average price of $1,876.72. The current profit and loss is -$246,402.61 (-1.75%), the current coin price is $1,883.60, and the liquidation price is $2,639.45. This account has been holding 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.