According to CoinMeta, the Abraxas Capital main address took a profit stop on its META short position, reducing its holdings by 625.77 coins, which is approximately $399,577.08. The current holding size of this account is $3,069,963.40, with an average price of $597.98. The current profit and loss is +$85,668.26 (+13.95%), the current price is $581.75, and the liquidation price is $5,053.46. This account began building positions in May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November. Since then, it has been continuously taking profit stops, with the holding size decreasing over time.