An ultra -revealed hyperlichid merchant has been liquidated five times during the weekend and has lost almost $ 3.7 million last week with aggressive Bitcoin
and ether
shorts, according to data in the chain.
Player @qwatio It was settled 5 times more, with a total of 387 $ BTC($ 42.18) and 2,990 $ Eth($ 7.65m) liquidated.
His account fell from $ 16.28m to $ 610k, losing $ 15.67m!
The minimums are short. Settle. Repeat. pic.twitter.com/yhmbutiues
– Lookonchain (@lookonchain) July 7, 2025
Qwatio, a hyperlichid merchant very leveraged in the style of James Wynn, has been opening short positions in BTC and ETH when the tokens are at least session.
This movement is a launch of its strategy earlier this year when BTC and ETH exchanged through aggressive lengths.
Qwatio first put on the Twitter crypto radar when they opened 50x leveraged BTC and Eth Bets worth $ 200 million in the hours before the president of the United States, Donald Trump, signed an executive order to create a cryptographic reserve, which was a wide bullish catalyst for the market.
They were also an important head of Melania Memecoin during its initial launch earlier this year.
In general, in the last 24 hours there have been $ 50 million ETH and $ 31 million in short BTC and liquidated throughout the market, according to coinglase data.
Read more: James Wynn, the merchant who opted $ 1b in Bitcoin, is now Long Pepe
