According to CoinMeta, the floating loss on the SOL short position of the Abraxas Capital main address has narrowed, decreasing from an initial $8.9637 million (-113.15%) to $6.3314 million (-82.64%). The average price of this address is $93.19, the current coin price is $101.58, the liquidation price is $220.97, and the holding size is $76.6174 million. This address established a large short position since May and was once the largest contract capital holder for HyperLiquid, with the holding size reaching $920 million since November.