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

BlockBeats News, March 25th, according to Hyperinsight monitoring, among the whales holding positions of over tens of millions of dollars on Hyperliquid, the whale closest to the liquidation price is the whale starting with 0xedf. It is currently short 500 BTC with 25x leverage, equivalent to about $35.6 million, at an average price of $70,274. The liquidation price is at $72,685, about 2.1% away from liquidation.

This whale has preset 18 buy orders in the $71,240 to $72,420 range, with a total of about 500 BTC, planning to reduce the position and stop loss when BTC rises to this range; at the same time, it has also placed about 200 buy orders below, planning to take partial profits after BTC drops below $69,500, with the target range extending to $63,500.