BTC price rise puts a $45.2 million short position at risk of liquidation

HuoXing Finance reports that, as of August 25, according to TradingBeats (formerly Hyperinsight), BTC is currently trading at approximately $80,840, up about 4.3% in the last 24 hours. The whale address starting with 0x6046, which established a large short position yesterday, is now positioned approximately 2.5% away from liquidation—the closest and largest short position to liquidation on Hyperliquid at present. This whale gradually shorted 559.4 BTC last night at an average entry price of $79,318.40. The current value of this short position is approximately $45.218 million, with an unrealized loss of about $851,000 and a return rate of approximately -38.4%. Using 20x full-collateral leverage, the liquidation price is approximately $82,896.50. If BTC rises another $2,057 (about 2.5%) from its current price, the position will reach liquidation. As of this report, the whale has not set any public stop-loss, take-profit, or partial close orders, and the full 559.4 BTC short position remains open. This is the first active address on Hyperliquid. Yesterday evening, it first received approximately 992,000 USDC from an address starting with 0x6b9e; one and a half minutes after receipt, it began shorting BTC. Subsequently, it added two more margin deposits totaling approximately 1.6 million USDC, bringing its total funded capital to about $2.592 million.