According to on-chain monitoring, trader qwatio has recently conducted large-scale short-selling operations on cryptocurrencies such as BTC, ETH, XRP, and SOL. One hour ago, he increased his short position by 18,000 ETH, worth approximately $63.28 million, while also increasing the short positions for XRP and SOL. Since opening the short position early yesterday morning, he has gained a floating profit of $6.41 million. $BTC

Currently, qwatio holds short positions of 1,111 BTC, 2,222 ETH, 3,333 XRP, and 4,444 SOL. He has previously conducted similar short-selling operations, experiencing both liquidation losses and profits. His trading behavior may have a certain impact on the price fluctuations in the cryptocurrency market and reflects the intense competition between bulls and bears in the current cryptocurrency market.