Data: A certain whale shorted $35.6 million worth of BTC, facing the greatest liquidation pressure among major whales on-chain at the tens of millions level.

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ChainCatcher reports that, according to Hyperinsight monitoring, among the whales holding over tens of millions of dollars on Hyperliquid, the address closest to liquidation price starts with 0xedf. The whale is currently short 25x leverage on 500 BTC, approximately $35.6 million, with an average entry price of $70,274. The liquidation price is at $72,685, about 2.1% away.

This whale has placed 18 buy orders in the $71,240 to $72,420 range, totaling about 500 BTC, planning to reduce positions and stop losses as BTC rises into this range. Meanwhile, it has also set around 200 buy orders below, planning to take profits in stages if BTC drops below $69,500, with a target range extending down to $63,500.

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