According to PANews, the user 'Insider Brother' @qwatio was liquidated 8 times due to short positions, with a total of $250 million in positions being forcibly closed, leaving only $4.368 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 made a total profit of $26 million through 3 addresses. After giving back $15.08 million, they still have a profit of $10.92 million. The remaining positions include shorting 237 BTC with 40x leverage and shorting 6948 ETH with 25x leverage, valued at $25.82 million and $17.86 million, respectively.