Large Investors in BTC short positions reduced their position by half within 20 minutes, resulting in a loss of 2 million dollars in their account.

[Chain News] On August 6, it was reported that the BTC short positions Large Investor "Insider Bro" qwatio stopped loss and reduced position by half of his BTC short order 20 minutes ago. After a loss of 26 million USD, the current principal has lost 2 million USD, with only 1 million USD remaining. His loss model on a certain platform is similar to other large loss holders, all due to frequent rolling positions and encountering volatile market conditions, leading to significant losses from stop loss or liquidation. Currently, qwatio still holds a BTC short order valued at 62.5 million USD, with a liquidation price of 115,368 USD.

BTC-0.11%
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StableGeniusvip
· 8h ago
as predicted... another overleveraged whale getting rekt. empirically speaking, this is what happens when u ignore basic risk management smh
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ImpermanentPhilosophervip
· 08-07 03:28
bullish traders make a profit on average, bearish traders go bankrupt on average
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AirdropChaservip
· 08-06 18:35
Another sucker has been born.
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not_your_keysvip
· 08-06 16:08
If you can't afford to play, don't play coin
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DeadTrades_Walkingvip
· 08-06 16:03
Another All in explosion of suckers
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MEVictimvip
· 08-06 15:56
Another sucker has fallen.
View OriginalReply0
GasFeeCrybabyvip
· 08-06 15:56
Another bankruptcy expert is here.
View OriginalReply0
NftDataDetectivevip
· 08-06 15:54
rip shorts... classic market pattern when everyone's too bearish tbh
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