Trader AguilaTrades has reentered the market with a 40x leveraged short position on Bitcoin totaling 124.24 BTC, valued at approximately $10.14 million. The trader previously accumulated $38 million in losses before executing this latest trade.
The new short position currently shows an unrealized profit of $165,000, with a liquidation price set at $83,432.22. This marks a significant return to active trading for AguilaTrades following substantial prior drawdowns.
AguilaTrades Reopens 40x BTC Short After $38M in Losses
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.