"Insider Trader" Loses Over $24.70 Million in Two Short Positions

On July 14, according to @EmberCN monitoring, the short positions of "insider trader" @qwatio were liquidated for $210.000.000 in one and a half hours. Only $58.000.000 in short positions remain, with a margin of only $1.580.000.

“His previous profit of $26.000.000 has now been almost completely lost due to his two short positions: the last short position lost $16.270.000, and this short position has already lost $8.460.000.

Now he basically only holds shorts on BTC. After moving all the margin to the $BTC short order, his $BTC short cost price has risen to $121,176. It seems that this guy has placed his last hope on this $BTC short order."