AguilaTrades's long position was basically closed out 10 minutes ago. This time, he turned $4.6 million into $15.9 million in just 2 days, earning $11.3 million.
In fact, he had several instances before where he had significant floating profits after opening positions, but each time he rolled over the profits, ultimately increasing his position size and leverage. Then a small pullback caused him to give back all his floating profits and lose his principal.
For example, in mid-July, he went long on BTC with floating profits as high as $41.7 million, but instead of taking profits, he rolled over, and ultimately, during a slight pullback at the end of July, he gave back all the profits and lost $5.2 million of his principal.
After this profit of $11.3 million, his total losses have narrowed from $40 million to $28.7 million.