BlockBeats reported on August 6 that insider trader @qwatio closed his ETH short to safeguard his $115M BTC short, citing a narrow $400 margin from liquidation and highlighting emerging profit figures.
BlockBeats reported on August 6 that insider trader @qwatio closed his ETH short position to protect his $115M BTC short, which has a liquidation price at $114,491 and a $400 gap from the current BTC price, now showing over $600K in floating profit. Note that earlier reports also mentioned closures involving XRP and SOL shorts with a $1.644M loss.