Do you remember the one everyone jokingly referred to as "Insider Bro" qwatio? Last month, he opened a counter position against James Wynn; he went short while James went long.

Now, James's position has long been gone, and he has basically lost all his money. However, Insider Bro's position not only remains, but he also increased his position just 5 hours ago 😂

Insider Bro's BTC short position was opened on 5/21. At that time, he used 7.3 million USDC as margin for a 40x short on BTC, with an opening price of $107,192.

Later, as the BTC price rose, Insider Bro's short position was liquidated multiple times, but he never admitted defeat and closed it, so this residual position that has been liquidated several times has remained.

Until today, he transferred another 4.97 million in funds into Hyperliquid to continue increasing his short position 5 hours ago.

Currently, Insider Bro has a 40x short on 1111 BTC, with a position value of $115 million. The opening price is $107,766, and the liquidation price is $110,826.

He has used a total margin of $12.27 million for this position, and the current net worth of the position is $9.16 million. This means he is currently facing an unrealized loss of $3.11 million.

Position Watch 👉: 0x51d99a4022a55cad07a3c958f0600d8bb0b39921