According to CoinMeta, the Abraxas Capital main address recently reduced its short position in MU by 622.43 coins, which is approximately equivalent to $534,987.12. The current holding size of this account is $3,750,472.30, with an average price of $878.63 per coin. As of now, the profit and loss on this short position is +$63,229.63 (+8.43%), with the current price at $864.06 and the liquidation price at $6,480.36. 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.