Whale shorted BTC with 40x after $16M in losses and 10 liquidations.
Margin use hits 98.98% as whale doubles down on BTC and ETH shorts.
$24M forced liquidation hit as whale refuses to unwind losing trades.
A high-leverage whale, Qwatio, has suffered over $16 million in losses after being partially liquidated ten times in a row. Despite the damage, he has increased his $BTC and $ETH short positions, locking in more capital while margin pressure intensifies.
Whale Goes All-In With 40x BTC and 25x ETH Shorts
The whale has committed more than $55.8 million into Bitcoin shorts at 40x leverage, exposing himself to swift liquidation. His BTC short entry sits at $107,770, while the liquidation threshold hovers just above $109,211.
According to a post by Onchain Lens, the current market price of $107,518 puts his trade dangerously close to forced closure. Unrealized gains on BTC now show a brief +$147,305.81, but the position remains at high risk.
While BTC offers a temporary cushion, his ETH short entered at $2,452 with 25x leverage has turned negative. The current price sits below his liquidation mark at $2,687, with a visible unrealized loss exceeding $149,000.
Trade History Reveals Aggressive Scaling and Forced Liquidations
This whale has repeatedly stacked short orders between $107,140 and $107,950, with positions reaching sizes over 1,400 BTC each. The trade log shows the constant execution of short entries across multiple timestamps and price levels.
Several market order liquidations have already been triggered, including one massive closure of 226 BTC at $109,589. That single trade alone carried a value of $24.3 million and pushed his cumulative losses further.
The data confirms multiple short positions being forcibly closed in the $108,201 to $109,589 zone. These forced exits reflect the elevated risk his strategy carries as volatility whipsaws prices near liquidation zones.
Portfolio Shows Total PnL at -$14.4M as Margin Usage Hits Limit
His portfolio dashboard reveals a total combined loss of $14.4 million, with equity now down to $1.84 million. His direction bias is 100% short, with no long exposure and extreme leverage stretching margin usage to 98.98%.
Funding costs are piling up. He’s paying $220,078.97 to maintain the BTC position and another $69,931.63 for ETH. This confirms how deep the commitment is, despite mounting losses and persistent margin strain.
The red equity curve spanning January to July illustrates prolonged drawdowns, signaling continuous capital bleed. Yet the whale has not exited; instead, he has reinforced his positions under pressure.
While short-term volatility may offer a chance for recovery, the scale of exposure and liquidation proximity create a narrow survival window.
The post Whale Down $16M Still Adds 40x BTC Shorts While Margin Hits 99% appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
