BlockBeats News, July 12th, according to Ashes Monitor, the "Insider Trader" @qwatio just redeemed 10 million USDC from Maker and then transferred it to Hyperliquid to continue shorting.
Currently, a short position worth 232 million US dollars has been opened:
Short 1273 BTC at 40x leverage, worth 150 million US dollars, entry price $117,828, liquidation price $122,789;
Short 27,700 ETH at 25x leverage, worth 82.42 million US dollars, entry price $2,966, liquidation price $3,196.