Insider trader @qwatio opened a 40x BTC short and a 25x ETH short 5 hours ago, currently with a floating profit of $1.9 million

According to Jinse Finance, on-chain data analyst Yujin has monitored that 5 hours ago, insider trader @qwatio transferred 2.98 million USDC into Hyperliquid and opened short positions on BTC and ETH, currently with an unrealized profit of 1.9 million USD. This time, @qwatio used his principal to open the shorts; in previous contract operations, he used profits, which have now been almost entirely given back. The funds transferred in today represent his last remaining principal. His current positions are: 40x short on 1,111 BTC, valued at 128 million USD, with an entry price of 117,297 USD and a liquidation price of 118,333 USD; 25x short on 4,141 ETH, valued at 15.28 million USD, with an entry price of 3,724 USD and a liquidation price of 4,385 USD.