On July 12, according to analyst Ember, "@qwatio," an "insider," shorted $BTC and $ETH with $16.28 million in funds in the previous half month. Yesterday, all positions were liquidated, resulting in a loss of $16.27 million. Subsequently, he redeemed 10.00 million $USDC from Maker and transferred it to Hyperliquid, opening new short positions worth $232.00 million, including 40x leverage to short 1,273 $BTC (worth $150.00 million, opening price $117,828.00, liquidation price $122,789.00) and 25x leverage to short 27,700 $ETH (worth $82.42 million, opening price $2,966.00, liquidation price $3,196.00). [Deep Tide TechFlow]