According to BlockBeats, trader AguilaTrades has experienced substantial financial setbacks, losing over $35 million in the past two weeks. After incurring losses from three consecutive long positions on Bitcoin, AguilaTrades has shifted to short positions, currently facing an additional floating loss of $2.33 million.
A review of AguilaTrades' trading strategy reveals a pattern of initiating long positions just before price increases, but consistently expanding his positions during the price rise without taking profits. This approach has led to forced closures at a loss when prices drop near his liquidation levels.
