Gate News reports that on March 25, among the whales holding over ten million USD on Hyperliquid, the address closest to liquidation price begins with 0xedf. This whale is currently short 500 BTC with 25x leverage, approximately 35.6 million USD, at an average price of $70,274. The liquidation price is at $72,685, about 2.1% away, making it the most pressured whale among those with over ten million on-chain.
This whale has set 18 buy orders between $71,240 and $72,420, 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 profits in stages if BTC drops below $69,500, with a target range extending down to $63,500.
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