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BTCC / BTCC Square / CoindeskEN /
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

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.

By: https://www.coindesk.com/markets/2025/07/07/hyperliquid-trader-qwatio-loses-37m-this-week-on-extreme-bitcoin-ether-shorts

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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