A certain mega whale is shorting BTC worth $35.6 million, facing the greatest liquidation pressure among on-chain mega whales at the tens of millions level.

BTC2,28%

BlockBeats News, March 25 — According to Hyperinsight monitoring, among the whales holding over ten million USD on Hyperliquid, the address closest to liquidation price starts with 0xedf. The whale is currently short with 25x leverage on 500 BTC, approximately 35.6 million USD, with an average price of 70,274 USD. The liquidation price is at 72,685 USD, about 2.1% away from liquidation.

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

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