BlockBeats reports that on June 23, on-chain information shows that the whale AguilaTrades opened a 20x BTC short position on Hyperliquid 6 hours ago, with a contract value of 1,000 bitcoins, a buying price of 99,616.60 USD, and a liquidation price of 104,724.95 USD.
As of the time of writing, this position has an unrealized loss of 1.1 million USD.
According to previous reports, last night and this morning, AguilaTrades closed its long position on Bitcoin (20x leverage) during the crash, resulting in a loss of 16.61 million USD. It then briefly opened a 20x leveraged BTC short position, realizing a profit of 112,000 USD before closing.
