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

BlockBeats News, March 25th, according to Hyperinsight Monitoring, the second-ranked bear whale on Hyperliquid (0xedf) once again increased its BTC short position in the past 1 hour, adding about 150 coins, worth approximately $10.7 million.

After this additional position, its total short position ong Hyperliquid has increased to $46.6 million, with an average price lowered from $70,595 to $70,274. The current unrealized loss is $520,000, a loss of about 45%, and the liquidation price is $72,118.

Following the increase, the address promptly placed stop-loss and take-profit orders: if BTC rises to the $71,480 to $72,420 range, it will trigger a partial reduction; if the price falls back to $69,650, it plans to take profits on 70% of the position, with the remaining position's take-profit target extended to $63,500.