Insider Trader @qwatio Redeems 10 Million USDC from Maker and Opens a New Short Position on Hyperliquid

BlockBeats News, July 12 — According to Ember monitoring, the "insider trader" @qwatio has just redeemed 10 million USDC from Maker and then transferred it to Hyperliquid to continue opening short positions.

Currently, short positions worth $232 million have been opened:

40x short on 1,273 BTC, valued at $150 million, with an entry price of $117,828 and a liquidation price of $122,789;

25x short on 27,700 ETH, valued at $82.42 million, with an entry price of $2,966 and a liquidation price of $3,196.