qwatio-related address turns a profit by shorting BTC 40x, with an overall floating profit of $70,000

BlockBeats News, September 26, according to on-chain analyst Ai Aunt (@ai_9684xtpa), the address associated with the suspected "insider trader" @qwatio has turned its short positions profitable. Both BTC and XRP short positions are currently in floating profit, with an overall floating profit of $70,000. However, the BTC position is as high as $150 millions, resulting in significant position fluctuations.

The address associated with the "insider trader" @qwatio is using 40x leverage to short BTC, with the current positions as follows:

BTC 40x short: entry price $108,855.4, liquidation price $110,284.6;

XRP 20x short: entry price $2.71, liquidation price $3.08.