According to CoinMeta, the Abraxas Capital main address increased its holdings of the HYPE short position by 32,523.46 coins, which is approximately $2 million. The current holding size is $48,193,119.34, with the average price adjusted from $62.76 to $63.29. The current profit and loss is -$6,545,572.37 (-67.91%), the current coin price is $73.24, and the liquidation price is $145.70. This account has been holding large short positions since May; previously, it was the whale with the largest contract capital size for HyperLiquid. Starting in November, it began to take profits, and the holding size once reached $920 million.