qwatio's Leveraged Short Position on BTC Increases 40x, Turning Loss into Profit, with an Overall Unrealized Gain of $70,000

BlockBeats News, September 26th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the suspected "insider trader" @qwatio's associated address short position has turned from a loss to a profit. Both his BTC and XRP short positions are currently in profit, with an overall profit of $70,000. However, his BTC position is as high as $150 million, and his holdings are fluctuating significantly.

The "insider trader" @qwatio's associated address has increased his BTC short position by 40 times, and his current positions are as follows:

BTC 40x Short: Opening Price $108,855.4, Liquidation Price $110,284.6;

XRP 20x Short: Opening Price $2.71, Liquidation Price $3.08.