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「50x Contract Whale」 Liquidated MELANIA's Long Position and Opened a Short Position on BTC Again, with a Position Value of $27.62 Million

BlockBeats News, March 20th. According to on-chain data analyst Ashes, the "Hyperliquid 50x Whale" @qwatio liquidated a long position on MELANIA 15 minutes ago, realizing a profit of $87,000.


They then opened a short position on BTC: currently using $690,000 USDC as collateral to short 326 BTC with 40x leverage (worth $27.62 million). Entry price is $84,566, liquidation price is $85,545.

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The creators of MELANIA/LIBRA not only profited from token issuance but also engaged in insider trading, earning over $100 million solely through the LIBRA project.
1. On-chain Fund Flow: $75.4m Flows into Solana, $69.4m Flows out of Ethereum 2. Largest Gainers and Losers: $MELANIA $TRUMP 3. Top News: Polymarket Expects a 58% Probability Trump Will Create a Bitcoin Reserve Within 100 Days of Taking Office
On-chain Detective ZachXBT indicated that this trader is actually a notorious cybercriminal who loves high-stakes gambling.
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