Trader AguilaTrades has completely liquidated his 20x long position on BTC worth $434 million, incurring a loss of $12.48 million!

He started going long on BTC on the 9th and subsequently rolled the position to expand to $434 million on the 11th. After the BTC price retracement early this morning, he began to gradually close his positions, fully liquidating them just 10 minutes ago.

He used a total of $29.85 million USDC as margin, and after fully closing his positions, he still has $17.37 million in funds left. This means he has lost $12.48 million on this long position on BTC.

Now he has also opened a BTC short position that he considers to be an ant-sized position, valued at only $870,000. It’s currently unclear which direction he plans to take next.

Position observation👉: 0x1f250df59a777d61cb8bd043c12970f3afe4f925