AguilaTrades, after a loss of $331,000, switched to a 40x short position of 200 BTC, with a position value of $16.35 million
According to Lookonchain monitoring, AguilaTrades (0x1f25…F925) went long on Bitcoin after being inactive for over 6 months, closing the position due to market decline and incurring a loss of $331,000.
Subsequently, it switched to shorting, shorting 200 BTC with 40x leverage, with a position value of $16.35 million and a liquidation price of $82,703.32.
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