According to ChainCatcher's monitoring, the "insider trader" @qwatio experienced a massive liquidation within one and a half hours, with their short positions forcibly closed for $210 million. Currently, their position is reduced to only $58 million, with the margin balance dropping to $1.58 million. Previously, their $26 million profit has been almost entirely wiped out, with a previous short loss of $16.27 million and this time losing an additional $8.46 million.
Moreover, the "insider whale" has transferred the remaining margin entirely to BTC short, raising their BTC short entry price to $121,176.
