Another brutal lesson from the high-stakes world of leverage trading! 🔥
A trader known as AguilaTrades on X just turned a $10 million unrealized profit into a $2.5 million loss on HyperLiquid, after Bitcoin
$BTC slipped from $108,800 to $104,000. 😬
And this isn’t even the first time! Last week, the same trader lost $12.5 million on a
$BTC long despite being up $5.8M earlier.
📉 What Went Wrong?
Bitcoin
$BTC has been bouncing in a tight $100K–$110K range since early May. But traders keep betting big on breakouts – and getting chopped in the middle. ⚔️
Just like James Wynn (who famously nuked a $100M account in May), AguilaTrades didn’t play the range. Instead of buying support and selling resistance, they held on too long… and paid the price.
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💡 The Takeaway?
In a choppy market, range trading beats moonshots.
Even pros can fumble when greed kicks in.
📌 Stay smart. Manage risk. Don’t let green turn red.
📉 Because in crypto, profits aren’t real until you close the trade!
#Bitcoin #BTC #TradingFails #HyperLiquid #BinanceSquare