Crypto trader AguilaTrades has opened a massive 40x leveraged long position of 340.45 BTC, valued at approximately $25.16 million, with a liquidation price set at $73,009. The aggressive bet comes after a difficult week in which the trader completed 18 BTC trades with a win rate of only 33%, accumulating losses totaling $547,000.
Monitoring data from Lookonchain highlights the high-risk nature of the current position, as any significant downward movement in Bitcoin's price toward the $73,000 level could trigger immediate liquidation of the entire holding.
AguilaTrades Opens 40x Long on 340 BTC Amid Recent Losses, Liquidation Price at $73,009
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