Whale shorts $35.6M BTC on Hyperliquid, facing the highest liquidation risk among the chain’s top whales

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Whale activity on Hyperliquid reveals a $35.6M BTC short position at $70,274 with 25x leverage. The liquidation price is $72,685, placing the whale 2.1% away from liquidation. On-chain trading signals show 18 buy orders between $71,240 and $72,420 to hedge against upward price movements, and 200 buy orders below $69,500 to lock in profits if BTC declines further.

ChainCatcher report, according to Hyperinsight monitoring, among Hyperliquid whales with positions exceeding $10 million, the address starting with 0xedf is closest to liquidation. This whale has opened a 25x leveraged short position of 500 BTC, equivalent to approximately $35.6 million, at an average price of $70,274, with a liquidation price at $72,685—about 2.1% away. The whale has pre-set 18 buy orders between $71,240 and $72,420, totaling approximately 500 BTC, intending to reduce position and cut losses if BTC rises into this range. Meanwhile, it has also placed around 200 buy orders below, planning to gradually take profits if BTC drops below $69,500, with a target range extending down to $63,500.

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