According to CoinMeta, the Abraxas Capital main address recently reduced its short position in MU by 575.79 coins, which is approximately equivalent to $547,807.25. The current holding size of this account is $3,272,399.53, with an average price of $957.39 per coin. As of now, the profit and loss on this short position is -$27,314.10, with the current price at $965.45 and the liquidation price at $16,224.05. This account has held large short positions since May; previously, it was the whale with the largest contract capital size for HyperLiquid. Starting from November, the account began to take profits, and its holding size once reached $920 million.