Unlucky trader ‘Qwatio’ liquidated 8 times in a week, loses $12.5M

A trader under the handle Qwatio has been liquidated eight times in the last week, with the latest a partial liquidation of an Ether position leveraged by 25X.

An unlucky trader was liquidated eight times in the last week, according to blockchain analytics service Lookonchain. 

The trader, under the handle Qwatio, saw a total loss of $12.5 million. In the latest liquidation on Monday, Lookonchain said Qwatio was partially liquidated for an Ether (ETH) position that was leveraged by 25X.

A new liquidation price was set for $2,534, and Ether has been drifting between $2,425 and $2,519 in the last 24 hours. 

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