「Insider Trader」 @qwatio opened a 40x short position on BTC and a 25x short position on ETH 5 hours ago, currently holding a unrealized profit of $1.9 million

BlockBeats News, August 1st, according to on-chain data analyst Yu Jin's monitoring, 5 hours ago, the "Insider Trader" @qwatio transferred 2.98 million USDC to Hyperliquid, opened a BTC and ETH short position, and currently has a floating profit of $1.9 million.

@qwatio has used his principal for this short position, and the profits from several previous contract operations have been almost completely liquidated. The funds transferred today are his last remaining principal. Currently, his position is as follows:

40x short 1111 BTC, valued at $128 million, opening price $117,297, liquidation price $118,333;

25x short 4141 ETH, valued at $15.28 million, opening price $3724, liquidation price $4385.