AguilaTrades Opens Another 20x BTC Short Position Overnight, Now Facing Over $1 Million in Unrealized Losses

According to Jinse Finance, on-chain data shows that whale AguilaTrades opened another 20x leveraged BTC short position on Hyperliquid 6 hours ago, with a contract value of 1,000 BTC, an entry price of $99,616.60, and a liquidation price of $104,724.95. As of press time, this position has incurred an unrealized loss of $1.1 million. Previously, during last night and this morning’s sharp drop, AguilaTrades closed its 20x leveraged BTC long position, resulting in a loss of $16.61 million. Shortly after, AguilaTrades opened a 20x leveraged BTC short position, closed it after making a profit of $112,000.