According to CoinMeta, the Abraxas Capital main address increased its holdings of HYPE short positions by 18,862.31 units, which is approximately equivalent to $2,089,521.15. The current holding size is $33,562,876.51, with the average price adjusted from $59.59 to $59.97. The current profit and loss is -$4,704,147.06 (-70.08%), the current coin price is $69.74, and the liquidation price is $146.66. This account began building positions in May and was once the largest contract capital holder for HyperLiquid. Since November, it has been continuously taking profits, with the holding size reaching up to $920 million.