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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event is Live!
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📅 Ends at 16:00 PM, July 7 (UTC)
The Whale @qwatio's short order position after increasing the position was liquidated again for 50 million USD.
PANews July 2 news, according to on-chain analyst Yu Jin's monitoring, the insider Whale @qwatio's short order position that was increased has just been liquidated for 50 million USD. After the Whale increased the position for shorting yesterday, BTC had a pullback to around 105,500 USD, and its short order was almost recouped but not closed. As the market pumped tonight, its short order position faced another 50 million USD Forced Liquidation. This shorting operation has gone through multiple cycles of "Forced Liquidation → increase the position → re-liquidation". The short order position has been reduced from 250 million USD to 200 million USD, and the remaining position is still facing liquidation risk. Specific holdings: Shorting 1131 BTC (worth $122 million) with 40x leverage, opening price $106,697, liquidation price $108,768 Shorting 33,000 ETH (worth $82.58 million) with 25x leverage, opening price $2,452, liquidation price $2,508.