Hedera’s HBAR token is facing a significant liquidation risk of $35 million, largely due to Bitcoin’s price fluctuations. The market volatility associated with Bitcoin’s movements has amplified the threat for traders holding short positions in HBAR. As Bitcoin approaches key resistance levels, HBAR’s prices are vulnerable, and institutions are responding cautiously. [1] This event highlights HBAR’s dependence on Bitcoin’s trajectory and its potential to trigger cascading liquidations if price support levels fail. [2] Hedera Council has remained silent about the situation, with no official disclosures addressing the risk. The silence from the council adds further uncertainty for market participants. [3] Despite this looming threat, trading volumes have surged significantly as investors react to the volatility.