"Insider Bro" qwatio was liquidated twice in a row for short selling, with $210.0 million in positions being cleared.

On July 14, according to Ember Monitoring, "@qwatio," an "insider bro," had $210.0 million in short positions liquidated within an hour and a half. He currently has only $58.00 million in positions and $1.58 million in margin. He had previously accumulated $26.00 million in profits, but has essentially lost it all due to two short positions: $16.27 million was lost last time, and another $8.46 million this time. He currently holds almost exclusively $BTC short orders and has transferred all of his margin into this position. The cost price of the $BTC short order has risen to $121,176.00, and all hope is pinned on this order. [Deep Tide TechFlow]