According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 6.06 coins, which is approximately equivalent to $395,924.65. The current holding size of this account is $1,063,856.10, with an average price of $64,110.90. The current profit and loss is -$4,561.24 (-2.14%), the current coin price is $64,386.96, and the liquidation price is $1,774,304.93. This account has been holding large short positions since May; previously, it was the whale with the largest contract capital size for HyperLiquid. Starting from November, it began to take profits continuously, and the holding size once reached $920 million.