Data: The "insider whale" finally liquidated a short position on ETH worth $475,000, losing all after earning $29 million from $3 million in six months

ChainCatcher news, on-chain analyst Yu Jin posted on social media that the story of insider trader qwatio may have come to an end. 40 minutes ago, he liquidated his short position on ETH on GMX with his last $475,000.

Over the course of six months, he turned a principal of $3 million into $29 million, only to lose it all again. This user, during February to March of this year, made several bold and aggressive moves with just $3 million in principal and correctly bet on the direction, quickly turning a profit.