$BTC According to on-chain analyst Ai Yi (@ai_9684xtpa), since March 2025, the giant whales that have shorted BTC four times have cumulatively added 5.5 million USDC as margin to Hyperliquid to maintain their remaining positions. Currently, their holdings of 1135.02 BTC (approximately 131 million USD) are still at a floating loss of 9.135 million USD, with a liquidation price of 121,070 USD.