According to CoinMeta, the floating loss on the HYPE short position of the Abraxas Capital main address has narrowed, decreasing from $1,481,0854.22 (-96.33%) to $1,280,6951.85 (-85.53%). The average price of this address is $68.01, the current coin price is $82.05, the liquidation price is $175.56, and the position size is $7,486,9844.32. This address began building positions in May and was once the largest contract capital holder for HyperLiquid, with a position size reaching $920 million in November.