According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 27.22 coins, which is approximately equivalent to $1,753,822.06. The current holding size of this account is $6,838,201.28, with an average price of $64,110.90. The current profit and loss is -$64,770.47 (-4.74%), the current coin price is $64,723.96, and the liquidation price is $310,935.31. This account has held large short positions since May and was once the largest contract capital holder for HyperLiquid. Starting from November, it began to take profits continuously, with a holding size that once reached $920 million.