BTC if continues to rise to $72,100, the second largest on-chain short position of 46.4 million will face partial liquidation

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BlockBeats News, March 25 — According to Hyperinsight monitoring, the second-largest short position holder on Hyperliquid (0xedf), a whale with a large BTC short position, has added to their position again within the past hour, increasing by approximately 150 BTC, worth about $10.7 million.

After this addition, their total short position has risen to $46.6 million, with the average price lowered from $70,595 to $70,274. Currently, they are at an unrealized loss of $520,000, about 45%, with a liquidation price of $71,218.

Following the addition, the address immediately set stop-loss and take-profit orders: if BTC rises to the $71,480–$72,420 range, it will trigger partial liquidation; if the price drops back to $69,650, they plan to take profit on 70% of the position, with the remaining position’s take-profit target extended to $63,500.

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