According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 50.71 coins, which is approximately $3,138,554.66. The current holding size of this account is $27,835,218.02, with an average price of $64,110.90. The current profit and loss is +$462,549.14 (+8.31%), the current coin price is $63,062.96, and the liquidation price is $133,579.53. This account has held large short positions since May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.