According to CoinMeta, the Abraxas Capital main address reduced its HYPE short position by 9,820.22 coins, which is approximately $2.0535 million. The current holding size of this account is $72,771,560.71, with an average price of $67.79. The current profit and loss is -$11,483,846.82 (-78.90%), the current coin price is $80.49, and the liquidation price is $175.50. This account started building positions in May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.