Bitcoin's price is under pressure as on-chain data indicates a significant $113 million short position on Hyperliquid as of December 22. The largest BTC short whale has increased their positions, with Bitcoin shorts at $106 million, entered at $87,324.0, and a liquidation point at $103,944.7. Additionally, the whale has an Ethereum short of $5.83 million, entered at $3,027.05, with a liquidation point at $11,899.27, and a new Solana short of $2 million, entered at $126.201, with a liquidation point at $1,200.