AguilaTrades Faces $2.1 Million Loss as BTC 20x Long Position Partially Liquidated
Main Idea
AguilaTrades suffered a $2.1 million loss due to a partial liquidation of their BTC 20x leveraged long position.
Key Points
1. AguilaTrades' BTC 20x leveraged long position was partially liquidated on July 25.
2. 720 BTC contracts were closed, resulting in a realized loss of approximately $2.1 million.
3. The incident highlights the risks associated with high-leverage trading in the cryptocurrency market.
Description
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$BTC
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