An ultra-Talted Hyperliquid Business is liquidated five times over the weekend and has lost nearly $ 3.7 million in the last week with aggressive Bitcoin
and ether
Shorts, according to Data On-Chain.
Player @qwatio were liquidated 5 times more with a total of 387 $ Btc($ 42.18) and 2,990 $ ETH($ 7.65 million) liquidated.
His account went down from $ 16.28 million. To $ 610K, and lost $ 15.67 million!
Short low. Become liquidated. Repeat. pic.twitter.com/yhmbutiues
– Lookonchain (@lookonchain) July 7, 2025
Qwatio, a strongly geared hyperliquid business in the style of James Wynn, has opened short positions on BTC and ETH when tokens are low in the session.
This trait is a flip from his strategy earlier this year when he traded BTC and ETH via aggressive longs.
Qwatio first came on the radar for Crypto Twitter when they opened a 50x geared BTC and ETH bet worth $ 200 million in the hours before US President Donald Trump signed an executive order to create a crypto reserve – which was a broad bullish catalyst for the market.
They were also an important proprietor of Melania Memecoin during its first launch earlier this year.
Overall, in the last 24 hours there has been $ 50 million ETH and $ 31 million in BTC cards and liquidated across the market, according to Coinglass Data.
Read more: James Wynn, the trader who bets $ 1b on Bitcoin is now long pepe
