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A Whale Shorts $35.6M Worth of BTC, the Largest Liquidation Pressure Among On-Chain Multimillionaire Whales

2 hours ago

March 25: Per Hyperinsight monitoring (link: https://t.me/HyperInsight), among whales on Hyperliquid with positions exceeding $10 million, the whale with an address starting with 0xedf is nearest to liquidation. Currently, it holds a 500 BTC short position with 25x leverage—equivalent to ~$35.6 million—at an average entry price of $70,274. Its liquidation price is $72,685, roughly 2.1% from being liquidated. The whale has set 18 buy orders totaling ~500 BTC in the $71,240–$72,420 range, intended to reduce its position and stop-loss if BTC climbs into this zone. Simultaneously, it has placed ~200 buy orders below current levels, aiming to take partial profits if BTC falls below $69,500—with downside targets extending to $63,500.
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