Tragic! Big Cake 20x Long Dream Shattered, $12.48 Million Turned to Ashes!
Famous trader @AguilaTrades' 20x leverage long position on Bitcoin ended with a total loss of $12.48 million after several days of rolling positions.
Review details:
He started to go long on Bitcoin on the 9th and rolled his position up to a peak of $434 million on the 11th.
As the Bitcoin price adjusted in the early morning, he was forced to start closing positions in batches until he completely liquidated just 10 minutes ago.
He invested $29.85 million USDC as margin, and ultimately only $17.37 million remained, shattering his dreams in the market.
Currently, the address only retains a short position on Bitcoin worth $870,000 (which is already an ant-sized position for him), and the next moves remain uncertain: will it be a desperate counterattack or another wave of battle? The market holds its breath!
The trading journey is unpredictable! Only precision and discipline can lead to the final victory!
