According to PANews, the user 'Insider Bro' @qwatio was liquidated 8 times due to short positions, with $250 million in positions mostly forcibly closed, leaving only $43.68 million. The opening margin was $16.28 million, and now only $1.2 million remains, resulting in a loss of $15.08 million.
The user is still overall profitable, having accumulated a profit of $26 million through 3 addresses, and after giving back $15.08 million, still has a profit of $10.92 million. The remaining positions include shorting 237 BTC at 40x leverage and shorting 6,948 ETH at 25x leverage, valued at $25.82 million and $17.86 million, respectively.
