A certain mega whale is shorting BTC worth $35.6 million, facing the greatest liquidation pressure among on-chain mega whales at the tens of millions level.

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Mars Finance reports that on March 25, according to Hyperinsight monitoring, among the whales holding over ten million dollars on Hyperliquid, the address closest to the liquidation price starts with 0xedf. The whale is currently short 500 BTC with 25x leverage, approximately $35.6 million, at an average price of $70,274. The liquidation price is at $72,685, about 2.1% away. This whale has preset 18 buy orders in the $71,240 to $72,420 range, totaling about 500 BTC, planning to reduce positions and stop losses as BTC rises into this range. Meanwhile, it has also placed about 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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