I’ve tried exactly that, but haven’t found any whiskey bottle that will fit. Instead, I make custom hanging labels like this:
Don’t have a photo handy, but I’ve also engraved labels on adhesive-backed PG wood veneer and stuck them to the glass.
Sadly, they don’t fit. The overall thickness of the curved 750ml bottle is 6 cm, or about 2.36 inches.
While you’re at it, you’ll want to have a wee nip (for quality assurance purposes, of course!).