According to CoinMeta, the Abraxas Capital main address reduced its ETH short position by 1,508.77 coins, which is approximately equivalent to $2,220,780.77. The current holding size of this account is $63,301,358.37, with an average price of $1,880.78 and a current coin price of $1,934.70. The liquidation price is $3,106.46. This account has held large short positions since May and was once the largest contract holder for Hyperliquid, with a holding size reaching $920 million in November.