According to CoinMeta, the Abraxas Capital main address recently reduced its BTC short position by 6.03 coins, which is approximately equivalent to $391,621.39. The current holding size of this account is $1,459,780.75, with an average price of $64,110.90. The current profit and loss is -$11,880.61 (-4.07%), the current coin price is $64,636.96, and the liquidation price is $1,286,552.71. 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.