Having earned $77.36 million in profit on the Bybit platform in the past year, AguilaTrades suffered a heavy loss of $12.47 million with its first Bitcoin (BTC) transaction on the Hyperliquid platform.
AguilaTrades, which was the most profitable trader on the Bybit exchange over the past year and achieved great success, recently switched trading platforms and transitioned to Hyperliquid. However, the first Bitcoin transaction on the Hyperliquid platform turned into a major disappointment for the trader, resulting in a loss of $12.47 million.
After experiencing a major loss, AguilaTrades has regained courage and is currently making a 20x leveraged investment in Bitcoin on Hyperliquid. The new position is 1.894 BTC, which is approximately $200 million in size.
It is a matter of curiosity in the crypto community whether AguilaTrades can return to its old performance by opening a Bitcoin position again. With this move from the successful trader, the question of whether Hyperliquid will also have the highest earning trader has come to the forefront. Recent Bitcoin price movements and the trader's strategy will determine whether AguilaTrades can climb back to the top.
Stay tuned for new developments.