Cryptocurrency trader AguilaTrades has reinitiated a 20x leveraged long position in Bitcoin futures valued at approximately $137 million. This move follows a previous loss of $34.18 million incurred across four separate Bitcoin futures contracts.
The new position currently shows an unrealized profit of $2.17 million, marking a significant rebound attempt. The substantial size and high leverage of the trade underscore active participation in Bitcoin derivatives markets.
This activity highlights the high-risk, high-reward nature of leveraged cryptocurrency trading, drawing attention to volatility and capital flows within Bitcoin futures ecosystems.