From Cointelegraph

June 30, 2025 2:23 AM:

An unlucky trader, qwatio, was liquidated eight times in the last week, losing $12.5 million. The latest liquidation on Monday saw qwatio partially liquidated for an Ether position leveraged by 25X. Ether has been drifting between $2,425 and $2,519 in the last 24 hours.

Qwatio previously netted a profit in March after going long on Ether and Bitcoin with 50x leverage ahead of Trump’s crypto reserve announcement. In another trade, qwatio defended a Bitcoin position leveraged 40x against whale hunters.

James Wynn, a multimillionaire crypto trader, opened a 40X leveraged Bitcoin short position of $37,000 with a liquidation price of $108,630. He later flipped his position for a potential $1.49 million profit.

Wynn, known for significant crypto bets, was liquidated for almost $100 million in late May and $25 million on June 4. He may have placed a $300 million leveraged Bitcoin bet on June 10 under an anonymous account to avoid whale hunters.

Another crypto trader turned $6,800 into $1.5 million profit by accounting for over 3% of maker-side liquidity on a major exchange. Over two weeks, the trader recorded a trading volume of $1.4 billion, consistently ranking among the top contributors to the exchange’s maker volume.

Read more at Cointelegraph: Trader Liquidated Eight Times In A Week