According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 10.29 coins, which is approximately equivalent to $669,599.24. The current holding size of this account is $2,312,093.85, with an average price of $64,110.90. The current profit and loss is -$16,402.14 (-3.55%), the current coin price is $64,568.96, and the liquidation price is $823,793.63. 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 continuously, and the holding size once reached $920 million.