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CryptoWorld News: Abraxas Capital's main address increased its short position in HYPE by 8,520.14 tokens, which is approximately $2.05 million at the current price. The address's total holdings reached $16,441,936.76, with an average price of $57.66 to $57.80, and a current profit and loss of +$567,340.21 (+17.25%). The current token price is $55.87, with a liquidation price of $102.12. This address started building its position in May and was once the whale with the largest contract size for HyperLiquid. Since November, it has been continuously taking profits, with holdings once reaching $920 million.