“Insider” Crushed Again as #short Positions Take Another Hit

The pain continues for trader 0x916ea2a9f3ba1ddd006c52babd0216e2ac54ed32,

Just two ago, he was partially liquidated once again, forced to close 5,600 $ETH and 226.26 $BTC , locking in a fresh loss of $934,000. Combined with the losses from the previous night, this round of shorting has now cost him a total of $1.904 million in realized losses.

And it’s not over. His remaining open positions are still deep underwater, with a floating loss of $3.67 million hanging over him.

Here’s what he’s still holding:

BTC 40x short position:

905.05 #BTC , valued at $97.56 million

Entry price: $104,724.50

Liquidation price: $108,160

ETH 25x short position:

22,400 #ETH , valued at $55.28 million

Entry price: $2,425.07

Liquidation price: $2,484.40

Once riding high on leverage, "Insider Bro" is now in one of his toughest trading weeks yet. The market isn’t forgiving — and his positions are hanging by a thread.