
Hyperliquid trader suffers five liquidations and loses $3.7M
A trader on the Hyperliquid platform known by the pseudonym Qwatio on X has suffered massive losses after repeatedly shorting Bitcoin (BTC) and Ethereum (ETH) during the recent market upswing. The trader was liquidated five times over the weekend alone, bringing the total number of liquidations to ten in the span of just a few days. According to crypto market activity tracker Lookonchain, Qwatio placed highly leveraged bets against BTC and ETH, which led to the loss of approximately $3.7 million in the last week. Data from CoinGlass shows a total of 387 BTC worth about $42.18 million and 2,990…








