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Insider Trader @qwatio's 40x BTC Short Position Liquidated Again, Remaining Position on the Verge of Liquidation

Summary: According to on-chain data analyst Yu Jin, known as an insider trader @qwatio, has once again been liquidated on his short position. After adding to his short position yesterday, BTC retraced to $105,500, nearing breakeven for his short position, but he did not close it. Following a rise tonight, his short position was liquidated again, ...

According to on-chain data analyst Yu Jin, known as an insider trader @qwatio, has once again been liquidated on his short position.

After adding to his short position yesterday, BTC retraced to $105,500, nearing breakeven for his short position, but he did not close it. Following a rise tonight, his short position was liquidated again, resulting in a $50 million loss.

His short position has now been reduced from $250 million to $200 million, with the remaining position still on the verge of liquidation. The current situation is as follows:

· 40x short on 1131 BTC, valued at $122 million, entry price $106,697, liquidation price $108,768;

· 25x short on 33,000 ETH, valued at $82.58 million, entry price $2,452, liquidation price $2,508.

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Link: Insider Trader @qwatio's 40x BTC Short Position Liquidated Again, Remaining Position on the Verge of Liquidation   [Copy]
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