A certain whale shorted BTC and ETH again, with a total position value exceeding $300 million

According to analyst Yu Jin, "Insider Brother" @ qwatio shorted BTC and ETH with $16.28 million in funds in the previous half month, but was completely liquidated yesterday, resulting in a loss of $16.27 million. Subsequently, he redeemed 10 million USDC from Maker and transferred it to Hyperliquid, opening new short positions worth $232 million, including a 40 fold leverage short of 1273 BTC (worth $150 million).