According to CoinMeta, the Abraxas Capital main address recently reduced its short position in ETH by 1,200.55 coins, which is approximately equivalent to $2,109,593.23. The current holding size of this account is $62,453,510.88, with an average price of $1,877.00. The current profit and loss is +$247,320.06 (+1.98%), the current coin price is $1,869.60, and the liquidation price is $2,794.30. 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.