Qwatio’s $3.7M Fiasco 🤑

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Ah, the hubris of the Hyperliquid trader, Qwatio! Like a latter-day Icarus, he soared on wings of leverage, only to plummet into the abyss of liquidation. Five times, no less! 🤯

  • Our hapless hero lost a cool $3.7 million, a sum that would make even the most seasoned gambler blush.
  • His account, once a proud $16.28 million, now lies in tatters, a mere $610,000. A loss of $15.67 million, a sum that could have bought him a small island, or at the very least, a decent yacht.
  • But Qwatio is no stranger to risk. He once wagered $200 million on 50x leveraged BTC and ETH bets, a move that would have made even the most seasoned trader quiver with fear.

As the great poet once said, “Pride comes before a fall.” And Qwatio’s fall has been nothing short of spectacular. 🎉

Gambler @qwatio was liquidated 5 more times, with a total of 387 $BTC($42.18) and 2,990 $ETH($7.65M) liquidated.

His account went down from $16.28M to $610K, losing $15.67M!

Short the lows. Get liquidated. Repeat. 🤦‍♂️

— Lookonchain (@lookonchain) July 7, 2025

Qwatio’s strategy, if one could call it that, has been to short BTC and ETH at sessional lows. A move that is akin to trying to catch a falling knife. 🤪

But hey, at least he’s consistent. He also held a major stake in the Melania memecoin during its initial launch. Because, why not? 🤷‍♂️

And in the last 24 hours, a total of $50 million of ETH and $31 million in BTC have been shorted and liquidated across the market. Because, as the saying goes, “misery loves company.” 🤣

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2025-07-07 09:37