Hyperliquid trader AguilaTrades just opened a 40x BTC short worth $𝟭𝟬.𝟭𝟰𝗠 — 124.24 BTC with a liquidation price of $𝟴𝟯,𝟰𝟯𝟮. The trader carries $38M in cumulative losses across prior positions and is already up $165K on this one. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A $10M+ short from a whale with a documented losing streak cuts both ways. AguilaTrades has been wrong repeatedly, which contrarians might read as a fade signal. But the position adds real short-side pressure, and the liquidation level is a magnet for squeeze dynamics — a push toward that zone could trigger forced buy-backs that amplify any upward move. Watch the $83K–$84K zone closely. If BTC rallies toward the liquidation price, the forced close on a 40x short acts as a short-squeeze catalyst. Below that, the short adds overhead supply. https://hypurrscan.io/address/0x1f250Df59A777d61Cb8bd043c12970F3AFE4F925#perps source: lookonchain Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2940