Insider trader @ qwatio suffered a comprehensive liquidation of BTC and ETH short positions, resulting in a loss of $17.89 million

Golden Finance reported that according to Onchain Lens monitoring, "insider trader" @ qwatio suffered a comprehensive liquidation of its short positions in Bitcoin (BTC) with 40 times leverage and Ethereum (ETH with 25 times leverage), losing $17.89 million in this transaction. According to the tweet information, he currently has a total loss of $16.72 million. This indicates that apart from this liquidation, the trader may have made some profits in other trades, resulting in a total loss slightly lower than the amount of a single liquidation.