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Trader AguilaTrades lost $35 million in two weeks, again betting on BTC short positions.
[Block Rhythm] On June 23, according to data platform monitoring, trader AguilaTrades has accumulated losses of over 35 million USD in the past two weeks. After three consecutive long positions losses on BTC, AguilaTrades has now switched to short positions, and he is currently facing unrealized losses of 2.33 million USD.
Looking back at AguilaTrades’ trades, he always goes long before the price rises, but continuously increases his position during the price rise without taking profits. When the price falls close to his liquidation level, he is forced to close his position at a loss.