According to CoinMeta, the Abraxas Capital main address increased its holdings of the HYPE short position by 26,201.36 coins, which is approximately equivalent to $2,085,624.63. The current holding size is $35,648,501.13, with the average price adjusted from $59.97 to $60.51. The current profit and loss is -$4,944,647.03 (-69.35%), the current coin price is $70.25, and the liquidation price is $145.18. This account has been holding large short positions since May; previously, it was the whale with the largest contract capital size for HyperLiquid. Starting in November, it began to take profits, and the holding size once reached $920 million.