Qwatio faced a dramatic financial setback, losing 25.8 million USD due to aggressive shorting of Bitcoin. His short positions, amounting to 334 million USD, were liquidated in just three hours, signaling an alarming trend for high-leverage trading.
In contrast, long-term holders, including Satoshi Nakamoto, profited amid Bitcoin’s surge. While some traders like Qwatio suffered significant losses, others, such as Aguila Trades, managed to turn their fortunes around with strategic moves in the market.
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