According to CoinMeta, the Abraxas Capital main address recently reduced its HYPE short position by 11,681.82 coins, which is approximately equivalent to $2,028,272.92. The current holding size is $72,067,062.37, with an average price of $68.21 to $68.33. The current profit and loss is -$11,451,064.78 (-79.45%), the current coin price is $81.24, and the liquidation price is $174.15. 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.