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"Insider trader" @qwatio closed position on XRP short order, with a loss of 3.55 million dollars.
On October 1st, according to Yu Jin's monitoring, "insider trader" @qwatio closed the short order on XRP on Hyperliquid, incurring a loss of 3.55 million USD. After withdrawing the remaining 668,000 USDC, he transferred it to GMX and then shorted BTC with a notional value of 59.89 million at 95x leverage.