Data: Whale qwatio’s 40x BTC short position partially liquidated for $50 million, remaining position also on the verge of liquidation

According to ChainCatcher, on-chain data analyst Yujin has monitored that @qwatio, known as an "insider trader," has once again had their short positions forcibly liquidated.

Reportedly, after increasing their short positions yesterday, BTC retraced to the $105,500 level. At that time, their short position was close to breaking even, but they did not close it. After a rebound tonight, their short position was once again liquidated, resulting in a forced closure of $50 million.

Currently, their short position has been reduced from $250 million to $200 million due to liquidation, and the remaining position is still on the verge of being liquidated. The current situation is as follows:

• 40x short on 1,131 BTC, valued at $122 million, entry price $106,697, liquidation price $108,768;
• 25x short on 33,000 ETH, valued at $82.58 million, entry price $2,452, liquidation price $2,508.