Can you believe it? The person known as "Insider Brother" has turned his opponent's short position with James Wynn from being liquidated multiple times and almost losing everything to actually making a profit...
One month ago (5/21), Insider Brother opened a short position against James, who went long.
After opening the position, the price of BTC kept rising, leading to multiple liquidations of Insider Brother's position, with most of his holdings being forcefully liquidated. Later, on 6/13, he added to his position, raising the short entry cost to $107,766.
Now, his short position has turned from a loss to a profit overall. The money he lost due to liquidation has not only returned but has also gained a floating profit of $2.27 million.
Current status of Insider Brother's position:
40x shorting 1111 BTC, position value $110 million, entry price $107766, liquidation price $111038.
Address👉: 0x51d99a4022a55cad07a3c958f0600d8bb0b39921
