Trader AguilaTrades’ 20x Bitcoin Short Position Sees Unrealized Losses Widen to $1.86 Million
According to a report by Jinse Finance, HyperInsight monitoring shows that trader AguilaTrades' 20x leveraged Bitcoin short position has seen unrealized losses expand to $1.86 million. Currently, the notional value of their Hyperliqud position stands at $101.5 million, with an entry price of $99,616.6 and a liquidation price of $104,730. The current price of Bitcoin has rebounded to around $101,500. AguilaTrades recently failed three times in 20x leveraged long BTC trades, with cumulative losses from these three trades exceeding $32 million. The current position is a “reverse short” opened earlier this morning.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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