「Insider Trader」 Goes Short Twice, Loses Over $24.7 Million

BlockBeats News, July 14th. According to @EmberCN's monitoring, within an hour and a half, the short position of "insider trader" @qwatio was liquidated for a total of 210 million US dollars. The remaining short position is now only 58 million US dollars, with the remaining margin of only 1.58 million US dollars.

"His previous $26 million profit has now been almost completely lost through two short positions: he lost $16.27 million in the last short and has already lost $8.46 million in this short.

Currently, he mainly holds a short position in BTC. After moving all his margin to the BTC short, his BTC short cost has risen to $121,176. It seems that this brother has pinned all his hopes on this BTC short."