A significant BTC short position on Hyperliquid, valued at $46.6 million, faces potential liquidation as Bitcoin's price approaches $72,118. The short whale, identified as 0xedf, recently increased its position by 150 BTC, worth approximately $10.7 million, lowering the average price to $70,274. Currently, the position incurs an unrealized loss of $520,000, or 45%. Stop-loss and take-profit orders have been set, with partial liquidation triggered if BTC reaches $71,480–$72,420, and profit-taking at $69,650 and $63,500.