A certain BTC long whale is less than 0.25% away from liquidation, and the triggering of the liquidation may lead to a sell order of 8.8 million dollars

According to monitoring by Hyperinsight, a high-leverage BTC long whale on Hyperliquid is approaching liquidation. This position was opened with 35x leverage yesterday evening, with the liquidation line at $80,650, less than $200 away from the current price, triggering a distance of only about 0.25%. If the price falls to touch this liquidation range, it is expected that approximately $8.8 million in liquidations will occur on-chain, coinciding with the concentrated release of sell orders of the same scale. Currently, this position has an unrealized loss of 50%. Address: 0xc6cfc26b057f9f70a4cfdd896f075d86315d9d23.