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Insider Trader Loses Over $24.7 Million in Short Positions
Summary: According to @EmberCN, within an hour and a half, insider trader @qwatio's short positions were liquidated for over $210 million. Currently, only $58 million remains in his short position, with a margin of only $1.58 million left. His previous $26 million profit has been mostly lost as he incurred losses of $16.27 million in his ...
According to @EmberCN, within an hour and a half, insider trader @qwatio's short positions were liquidated for over $210 million. Currently, only $58 million remains in his short position, with a margin of only $1.58 million left. His previous $26 million profit has been mostly lost as he incurred losses of $16.27 million in his last short position and $8.46 million in the current one. He now mainly holds a short position in BTC, with his cost price rising to $121,176 after moving all his margin to BTC shorts. It seems like he is pinning his last hopes on this BTC short position.
