Trader AguilaTrades Exits ETH Long with $3M Loss, Goes All-In on BTC with $200M 20x Leverage Position
Main Idea
Trader AguilaTrades exited an ETH long position with a $3M loss and shifted to a highly leveraged BTC long position, investing $5.28M in USDC to control $200.5M in Bitcoin.
Key Points
1. AguilaTrades liquidated his ETH long position, resulting in a loss of nearly $3 million.
2. He then deposited $5.28 million in USDC into the Hyperliquid platform.
3. AguilaTrades opened a 20x leveraged BTC long position, controlling approximately $16.95 million in Bitcoin (notional value of $200.5 million).
Description
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