According to on chain analyst Yu Jin's monitoring, the Bitcoin whale @ qwatio, also known as the "insider brother", opened a short position against James Wynn last month. Since being liquidated multiple times, it has basically lost all its money, but now it has actually recovered and made money.
A month ago (5/21), I opened a trading match with James, and after opening the position, BTC prices continued to rise. Insider's position was liquidated multiple times, and most of his positions were forced to be liquidated and reduced. Later on 6/13, he replenished his position and increased the cost of opening a short position to $107766. Now, his short positions have turned from losses to profits, and the money lost from liquidation has not only been recovered, but also a floating profit of $2.27 million.
At present, its position is: 40 times short 1111 BTC, with a position value of 110 million US dollars, opening price of 107766 US dollars, and clearing price of 111038 US dollars.
