"Insider Whale" Has Collapsed Again, With Total Short Losses of 25.84 Million USD Wiping Out All Profits
According to on-chain analyst Yu Jin (@EmberCN), the "Insider Whale" @qwatio had its PUMP short position fully liquidated at 1:30 AM today. This short position involved an investment of 10.01 million USD, leaving only about 450,000 USD, resulting in a single loss of 9.56 million USD.
Statistics show that the previous round of shorting had already lost 16.27 million USD, with consecutive collapses totaling a loss of 25.84 million USD, nearly wiping out all the previously accumulated profit of 26 million USD.
