Trader AguilaTrades switches from long to short, opening a $116.7 million notional BTC short position with 20x leverage
According to ChainCatcher, Onchain Lens monitoring shows that trader AguilaTrades has closed his 20x leveraged long position in Bitcoin and has opened a 20x leveraged short position worth 1,001 BTC (approximately $116.7 million).
At one point, he had an unrealized loss of $33.59 million. Currently, he has almost recovered these losses, but is still down $12.7 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Economist: U.S. Tariff Policies Will Continue to Impact Economic Growth
The European Central Bank plans to decide on the next steps for CBDC next month.
ETHZilla: Currently holds 102,240 ETH and will continue stock buybacks using the existing $80 million
Trending news
MoreCrypto prices
More
