According to CoinMeta, the main address Abraxas Capital recently reduced its gold short position by 260.88 lots, equivalent to approximately $1.9 million. The current holding size is $41.7978 million, with the average price adjusted from $4,181.90 to $4,189.84. The current loss has reached $3.5339 million, representing a loss percentage of 33.82%. The liquidation price for this address is $13,994.52. The address Abraxas Capital began building positions in May and was once the largest contract fund holder for HyperLiquid. Since November, it has been continuously taking profits, with a holding size that once reached $920 million.