According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 33.68 coins, which is approximately $2.2383 million. The current holding size of this account is $39.5242 million, with an average price of $64,110.90. The current profit and loss is -$148,053.78 (-1.87%), the current coin price is $64,351.96, and the liquidation price is $113,847.89. This account has held large short positions since May and was once the largest contract capital holder for HyperLiquid. Since November, it has been continuously taking profits, with a holding size that once reached $920 million.