The insider whale’s latest short positions have been liquidated multiple times, resulting in a loss of $13.12 million

According to Jinse Finance, on-chain analyst Yujin has monitored that the insider whale @qwatio’s short positions have continued to be liquidated, with $41 million cleared this time. He once again increased his short positions in BTC and ETH to $250 million, only to be liquidated again down to $160 million. Reportedly, he used $16.28 million in margin for these short positions, but now only $3.16 million remains. In other words, he has already suffered multiple liquidations, losing a total of $13.12 million.