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Hyperliquid Trader Qwatio Bleeds $3.7M in a Week—Crypto Shorts Backfire Spectacularly

Hyperliquid Trader Qwatio Bleeds $3.7M in a Week—Crypto Shorts Backfire Spectacularly

Author:
CoindeskEN
Published:
2025-07-07 05:58:54
13
1

Hyperliquid Trader Qwatio Loses $3.7M This Week on Extreme Bitcoin, Ether Shorts

Another day, another crypto trader learning the hard way that markets don’t care about conviction. Hyperliquid’s Qwatio just joined the hall of shame with a $3.7M loss—courtesy of aggressive Bitcoin and Ether shorts.

When leverage bites back

Shorting crypto at the wrong time isn’t a strategy—it’s a donation. Qwatio’s extreme bearish bets collapsed faster than a Terra stablecoin, proving (again) that overconfidence is the most expensive fee in DeFi.

Bonus jab: Traders like this keep CEX insurance funds well-fed. Stay liquid, friends.

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