According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 55.25 coins, which is approximately $3.4363 million. The current holding size of this account is $41.7625 million, with an average price of $64,110.90. The current profit and loss is -$227,436.29 (-2.72%), the current coin price is $64,461.96, and the liquidation price is $109,781.54. 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.