50 times leverage insider account adds $7.5 million in funds for short selling, turns profit into loss and experiences partial liquidation

According to BlockBeats, on June 25th, according to monitoring by OnchainLens, a @ qwatio user with the previously known "50x leverage insider" address added $7.5 million in USDC to HyperLiquid to increase his short positions in BTC (40x leverage) and ETH (25x leverage), but also suffered partial liquidation. He went from a profit of $3.4 million to a loss of $5.7 million in just two days.