🔪 Trader Qwatio Wiped Out Again
Qwatio, a well-known trader on the Hyperliquid platform, was liquidated 5 times over the weekend.
* Their account balance plummeted from $16.28 million to $610,000, marking a loss of $15.67 million.
* Qwatio opened short positions at local lows, leading to a cascade of liquidations.
* They previously gained notoriety for opening 50x long positions worth $200 million before Trump's crypto reserve order, a move that allowed them to "catch the bottom."
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