"Insider Whale" Increases Short Positions in Bitcoin and Ethereum Again, Total Losses Exceed $14 Million

According to Jinse Finance, OnchainLens monitoring shows that the "insider whale" @qwatio, after being partially liquidated 10 times in a row, has once again increased his short positions in Bitcoin (40x leverage) and Ethereum (25x leverage). He has already lost $16 million on this trade, and overall, his total losses have exceeded $14 million. Currently, his Bitcoin short position amounts to $55,854,244, with an unrealized profit of $129,125.46; his Ethereum short position amounts to $11,052,100.83, with an unrealized loss of $138,595.90.