According to Onchain Lens, the whale known as Gambler (@qwatio) opened high-leverage short positions in BTC at 40x and XRP at 20x, per the on-chain monitoring post on X, source: Onchain Lens. He closed and was liquidated on the BTC 40x short and then increased the XRP 20x short, realizing combined trading losses of $3.44 million, source: Onchain Lens. The tracked wallet now holds approximately $785,000 at address 0x9018960618eFF55F5852e345B7Cb5661fd2928e1, source: Hypurrscan. This update was posted on Sep 29, 2025, and identifies the trader handle as @qwatio, source: Onchain Lens.

According to @lookonchain, trader @qwatio created wallet 0x9018 and returned to Hyperliquid with 4.22M USDC, source: @lookonchain; hypurrscan.io/address/0x9018960618eFF55F5852e345B7Cb5661fd2928e1. He shorted 1,366.67 BTC (~$150M notional) with 40x leverage and 2.78M XRP (~$7.7M notional) with 20x leverage, source: @lookonchain. The shorts have incurred realized losses exceeding $1.2M, source: @lookonchain. Reported liquidation prices are $110,280 for BTC and $3.0665 for XRP, source: @lookonchain.

According to @EmberCN on Twitter, Bitcoin (BTC) price surged toward the liquidation level of a major short position on Hyperliquid after China announced a reduction in US tariffs. The trader partially closed their position, covering 177.7 BTC at $105,806 with a $304,000 loss. The remaining short stands at 711.1 BTC, valued at $75.13 million, with a liquidation price of $105,990. This development highlights heightened volatility and potential liquidation risks for leveraged BTC shorts in response to global macro news, underscoring the importance of monitoring international policy shifts for crypto traders (source: @EmberCN).