According to CoinMeta, the Abraxas Capital main address recently reduced its short position in SOL by 10,104.84 coins, which is approximately equivalent to $2,282,629.75. The current holding size of this account is $74,636,559.15, with an average price of $93.66. As of now, the profit and loss is -$2,983,042.26, the current coin price is $97.56, and the liquidation price is $214.40. This account has held large short positions since May and was once the largest contract holder for HyperLiquid, with a holding size reaching $920 million in November.