According to Huoxing News, as monitored by Yujin, the whale AguilaTrades has completely closed out its $434 million BTC leveraged long position established on June 9, resulting in a loss of $12.48 million. The trader used a rolling strategy to expand the position to its peak on the 11th, and was ultimately forced to close out during the BTC pullback early this morning. Its margin account shrank from $29.85 million USDC to $17.37 million USDC, representing a loss rate of 41.8%. Currently, this address still holds $870,000 in BTC short positions.
Whale AguilaTrades Closes $434 Million BTC Long Position with 20x Leverage, Resulting in $12.48 Million Loss
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
105,211.7
-2.36%
USDC
0.9994
-0.03%
