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Insider Address with 50x Leverage Adds $7.5 Million Funds for Shorting, Goes from Profit to Loss and Faces Partial Liquidation

Summary: According to OnchainLens monitoring, the user @qwatio, previously known as an insider address with 50x leverage, added $7.5 million USDC to HyperLiquid to increase his short positions on BTC (40x leverage) and ETH (25x leverage), but also faced partial liquidation. Within just two days, he went from making a profit of $3.4 million to a ...

According to OnchainLens monitoring, the user @qwatio, previously known as an insider address with 50x leverage, added $7.5 million USDC to HyperLiquid to increase his short positions on BTC (40x leverage) and ETH (25x leverage), but also faced partial liquidation. Within just two days, he went from making a profit of $3.4 million to a loss of $5.7 million.

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