Trader Increases Short Position Amid Market Decline

According to BlockBeats, the trader known as @qwatio has recently increased their short position to $132 million. Previously, their $300 million short position had been reduced to below $100 million due to multiple liquidations. Following a market downturn, the trader decided to increase their position. Currently, the liquidation price for their BTC short is $114,210, and for ETH, it is $3,822, with an overall unrealized profit of approximately $1.4 million.