The short position of 'insider whale' qwatio was forced to close for $210 million, leaving only $1.58 million in margin

According to Foresight News, according to monitoring by Yu Jin, the "insider whale" qwatio was forced to close approximately $210 million in short positions within an hour and a half. At present, its short position is only $58 million, and its margin is only $1.58 million. The previous profit of 26 million US dollars has been almost completely lost: the previous short selling lost 16.27 million US dollars, and this short selling has lost 8.46 million US dollars.