Unlucky trader 'qwatio' liquidated 8 times in a week, loses $12.5M

Meet qwatio, the trader who turned 'getting liquidated' into an art form. Eight times in one week? That's not just bad luck; that's a masterclass in how not to trade. The latest fiasco? A partial liquidation on a 25X leveraged Ether position. Ouch.

With a new liquidation price set at $2,534 and ETH dancing between $2,425 and $2,519, it's like watching a high-stakes game of ping-pong where qwatio keeps missing the ball.

Bitcoin didn't fare any better. Another partial liquidation, another day in the life of qwatio. The new liquidation price? A cool $109,170. Because why not lose money in both directions?

Just a few days ago, qwatio was down $10 million from six liquidations in three days. At this point, it's less trading and more donating to the crypto gods.

Remember March? When qwatio was the king of leverage, turning a 50x bet on Trump's crypto reserve announcement into a $6.8 million payday? Good times. Now, it's all about defending positions from whale hunters and watching MELANIA memecoins.

Meanwhile, James Wynn, the guy who lost $1 billion and still came back for more, is playing with fire again. A 40x leveraged Bitcoin short? That's either genius or a cry for help. Spoiler: He flipped to long the same day. Crypto never sleeps, and neither do the gamblers.

Wynn's been liquidated for $100 million, then $25 million, and might be behind a $300 million anonymous bet. Because when you're down, the only way out is deeper in, right?

Not all traders are drowning. One turned $6,800 into $1.5 million by mastering maker-side liquidity. Over $1.4 billion in trading volume and 3% of the exchange's maker volume? Now that's a flex.