All crypto positions were liquidated in 2 days: The rise cost losses.

Bitcoin rises continue to cause many celebrity traders to lose millions of dollars. Following James Wynn, who opened positions against the Bitcoin drop and completely wiped out his 100 million dollars, the trader named Qwatio also experienced significant losses, albeit not as much as his.

According to the information provided by Lookonchain; Qwatio, which opened positions of 55 million dollars in Bitcoin, 36 million dollars in Ether, and 7.3 million dollars in Fartcoin and played on the drop of these coins, suffered a loss of 25.8 million dollars in the 0x916E wallet. The trader lost this money in just 2 days.

Qwatio had lost 12.5 million dollars after 8 liquidated positions by the end of June.

He had won with Trump

Qwatio had earned 6.8 million dollars with the "long" positions he opened before Trump's announcement of a "crypto reserve" in March. The celebrity trader had also made a profit of 3.5 million dollars in MELANIA coin.

600 million dollars became liquid

On the other hand, Bitcoin's rise above 123 thousand dollars has severely impacted those engaging in leveraged trading in general. Especially, the 600 million dollar positions of traders who opened short positions were liquidated in the last 24 hours.

At the time the news was written, Bitcoin is trading above 122 thousand dollars.

Published: July 14, 2025 11:04Last Updated: July 14, 2025 11:09