According to CoinMeta, the Abraxas Capital main address reduced its ETH short position by 1,002.05 coins, which is approximately equivalent to $2,120,737.49. The current holding size of this account is $58,614,973.77, with an average price of $1,881.02. The current profit and loss is -$1,440,115.63 (-12.28%), the current coin price is $1,928.40, and the liquidation price is $3,200.37. 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, and the holding size once reached $920 million.