Data: "Insider Trader" Short Positions Liquidated for $210 Million, Total Losses Exceed $24 Million, Remaining Margin Fully Transferred to BTC Shorts
According to ChainCatcher, monitoring by Ember shows that the "insider trader" @qwatio suffered large-scale liquidations within the past hour and a half, with $210 million in short positions forcibly closed. The current position has dropped to just $58 million, and the margin balance has fallen to $1.58 million. Previously, nearly all of the $26 million in profits had been given back; the last short position resulted in a loss of $16.27 million, and this time another $8.46 million was lost.
In addition, the "insider whale" has transferred all remaining margin to BTC short positions, raising the average entry price for the BTC shorts to $121,176.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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