A major Bitcoin long position on Hyperliquid is on the brink of liquidation, according to on-chain analyst Aunt Ai. The position, valued at $52 million, holds 731.73 BTC with a 40x leverage. It is just $729 away from its liquidation price of $70,200, having been entered at $71,441. This development highlights the volatility and risk associated with high-leverage trading in the cryptocurrency market.