BTC was trading at about $80,840 on Aug. 25, up roughly 4.3% over 24 hours, putting a Hyperliquid whale’s 559.4-BTC short within about 2.5% of liquidation. The 0x6046 address opened the position at an average price of $79,318.4 and now has a short valued at about $45.218 million, an unrealized loss of approximately $851,000 and a return of about -38.4%. It uses 20x cross margin, meaning the position shares collateral across the account, and has a liquidation price of about $82,896.5. The whale has not publicly placed stop-loss, take-profit or position-reduction orders, and the entire short remains open. The account, which was newly active on Hyperliquid, received about 992,000 USDC from an address beginning 0x6b9e before opening the trade, followed by two additional margin transfers totaling about $1.6 million, bringing cumulative funding to approximately $2.592 million.