Another $50 Million in Short Positions Liquidated After Insider Whale Increased Holdings

According to Jinse Finance, on-chain analyst Yujin has monitored that the insider whale @qwatio has just had another $50 million in short positions liquidated after increasing their holdings. After adding to their short positions yesterday, BTC once pulled back to around $105,500, nearly allowing the whale to break even on their shorts, but the positions were not closed. As the market rallied tonight, another $50 million in short positions were forcibly liquidated. This shorting operation has gone through multiple cycles of "liquidation → reloading → liquidation," with the total short position shrinking from $250 million to $200 million, and the remaining positions still face liquidation risk. Specific positions: 40x leveraged short on 1,131 BTC (worth $122 million), entry price $106,697, liquidation price $108,768; 25x leveraged short on 33,000 ETH (worth $82.58 million), entry price $2,452, liquidation price $2,508.