AguilaTrades Faces $26.17M Partial Liquidation on 7,160 ETH Long Position Amid Volatile Recovery
Main Idea
AguilaTrades faced a $26.17 million partial liquidation on a 7,160 ETH long position, highlighting the risks of leveraged trading in the cryptocurrency market.
Key Points
1. AguilaTrades' 7,160 ETH long position, leveraged at 15x, was partially liquidated for approximately $26.17 million.
2. This event emphasizes the high-risk nature of leveraged trading in the cryptocurrency market.
3. AguilaTrades previously suffered a $35 million loss, recovered it, but recent market movements increased losses to $31 million.
Description
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