Cryptocurrency trader AguilaTrades has realized substantial unrealized profits through leveraged short positions on Ethereum (ETH) and Bitcoin (BTC). The positions, valued at hundreds of millions of dollars, yielded significant gains as market conditions favored the trader’s strategy.
AguilaTrades’ Ethereum position utilized 15x leverage with an entry price of $3,586.79 and a liquidation threshold at $3,772.7. This trade generated unrealized profits exceeding $2.45 million from a position valued at approximately $212 million.
Simultaneously, the trader held a 20x leveraged Bitcoin short position initiated at $117,807.3. With the liquidation price set at $129,630, this $141 million position produced unrealized gains surpassing $80,000.