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Insider brother shorting BTC and ETH遭8连击 Position shrinks by 82% but still maintains a profit of 10.92 million USD.
[Coin World] On July 3, an investor known as "Insider Brother" suffered severe losses while shorting Bitcoin (BTC) and Ethereum (ETH). The investor's $250 million short position underwent 8 consecutive liquidations, leaving only $43.68 million. In this trade, the investor put in $16.28 million as margin to enter a position, and now only has $1.2 million left, having lost $15.08 million. Nevertheless, the investor made a profit of $26 million from three previous addresses, still maintaining an overall profit of $10.92 million. Currently, the investor's remaining positions include: 40x leverage shorting 237 BTC, valued at $25.82 million, with an opening price of $106,697 and a liquidation price of $111,040; 25x leverage shorting 6,948 ETH, valued at $17.86 million, with an opening price of $2,452 and a liquidation price of $2,646.