According to Deep Tide TechFlow news on July 3, analyst Yu Jin reported that an investor known as 'Inside Brother' suffered severe losses while shorting Bitcoin (BTC) and Ethereum (ETH). The investor's 250 million USD short position has undergone 8 consecutive liquidations, currently only 43.68 million USD remains.
In this trade, the investor put in 16.28 million USD as opening margin, currently only 1.2 million USD remains, with a loss of 15.08 million USD. Nevertheless, this investor made a profit of 26 million USD from three previous addresses, with an overall profit of 10.92 million USD.
Currently, the remaining positions of this investor include:
Shorting 237 BTC with 40x leverage, worth 25.82 million USD, opening price 106,697 USD, liquidation price 111,040 USD
Shorting 6948 ETH with 25x leverage, worth 17.86 million USD, opening price 2,452 USD, liquidation price 2,646 USD
