PANews
PANews|Jun 23, 2025 07:56
AguilaTrades suffered losses exceeding $35 million within two weeks and was forced to close positions at a loss due to multiple instances of failure to take profits in a timely manner According to Lookonchain analysis, AguilaTrades lost over $35 million in trading Bitcoin perpetual contracts within two weeks. On June 8th, he created a new wallet and transferred $39.18 million in USDC from Bybit to Hyperliquid for transactions. On June 9th, he started to long Bitcoin, with unrealized gains reaching $5.76 million at one point, but the position was not closed. Subsequently, due to the conflict between Israel and Iran causing a sharp drop in Bitcoin, he closed his position at a loss of $12.47 million. On June 15th, he went long again, with unrealized gains reaching up to $10 million, but remained open again, ultimately ending with a loss of $2.95 million. On June 20th, he went long for the third time, with unrealized gains of $3.2 million, but still not taking profit, ultimately losing $17 million. After three consecutive long failures, he switched to short selling, but the rebound of Bitcoin resulted in further losses of $2.33 million.
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