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「Insider Trader」 @qwatio Returns to Open XPL 3x Short Position

BlockBeats News, August 23rd, according to on-chain analyst Ai Aunty (@ai_9684xtpa), the "inside trader" @qwatio recharged 33,000 USDC as collateral to Hyperliquid 1.5 hours ago, then opened a 3x short position on XPL, holding 20,000 tokens, with an entry price of $0.5768.


BlockBeats previously reported that the "inside trader" @qwatio was liquidated on an ETH short position on August 7th, turning a $3 million initial capital into a profit of $29 million over six months, and eventually lost everything including the principal.

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XPL's public sale was priced at $0.05 per token, with the final total subscription amount exceeding $373 million, representing over 7 times oversubscription.
In this liquidation event, over $17.67 million in short positions were liquidated, while two addresses raked in a whopping $27.5 million.
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