920M cut to 5 million, Abraxas's retreat signal is clear enough.

Coinjie.com news: Abraxas Capital’s main address reduced its ETH short position by 1,037.70 ETH, worth approximately $1,649,233.49. The address’s position size is $5,669,967.79, with an average price of $2,196.53, and its current profit/loss is +$2,214,979.20 (+390.65%). The current coin price is $1,579.50, and the liquidation price is $4,237.14. The address has been building its position since May; it was once a whale with the largest contract capital on HyperLiquid. Starting in November, it has continued taking profits, and the position size once reached $920 million.