According to monitoring, a so-called "insider Whale" used 16.28 million USD to short BTC and ETH within half a month, but its position was completely liquidated yesterday, incurring a loss of 16.27 million USD.

However, the Whale did not stop and just redeemed 10 million USDC from Maker and transferred it to a trading platform to continue shorting. Currently, it has opened a short position worth 232 million USD, specifically including:

- Shorting 1273 BTC with 40x leverage, worth 150 million USD, opening price at 117,828 USD, liquidation price at 122,789 USD;
- Shorting 27,700 ETH with 25x leverage, valued at $82.42 million, opening price $2,966, liquidation price $3,196.

This series of operations shows that the Whale has a shorting attitude towards the short-term trends of BTC and ETH, and is still betting with high leverage. Future market fluctuations may have a significant impact on its Position.

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