A whale holding approximately 1,031 BTC in short positions is approaching the liquidation risk zone, currently accumulating an unrealized loss of about 42.39 million USD

According to Lookonchain monitoring, Bitcoin briefly broke through the $76,000 mark. On-chain data shows that a whale that previously "sold 255 BTC short" currently holds about 1,031 BTC (approximately $78 million) in short positions, with a liquidation price of $76,420.83, which is approaching the risk zone. This address currently has an accumulated unrealized loss of about $42.39 million on Hyperliquid. If Bitcoin rises further, it may trigger forced liquidations, amplifying market volatility.