The short position of 'Insider Whale' was liquidated for $210 million, resulting in a cumulative loss of over $24 million, and all remaining margin was transferred to BTC short positions

Odaily Planet Daily reported that according to the monitoring of the embers, the "insider whale" @ qwatio suffered a large-scale liquidation in nearly an hour and a half, and its short position was forced to be liquidated by $210 million. At present, there is only $58 million left in the position, and the margin balance has dropped to $1.58 million. Previously, its profit of 26 million US dollars had basically been given up, with a previous short selling loss of 16.27 million US dollars and another loss of 8.46 million US dollars this time. In addition, "Insider Whale" has transferred all remaining margin to BTC short positions, raising its BTC short selling cost price to $121176.