Well-known position-rolling trader AguilaTrades lost $300,000 going long on BTC yesterday, then flipped short in the early hours—only to short near the bottom. The short is now also sitting on an unrealized loss of $150,000. Talk about getting hit from both sides 😂
◎ Yesterday afternoon, he went long on BTC at $82,823. After the price fell that evening, his stop-loss closed the position at $81,940, for a loss of $300,000.
◎ Then, in the early hours today, he flipped short at $81,743, shorting 200 BTC ($16.48 million). BTC subsequently rebounded, and the position is now showing an unrealized loss of $150,000.
◎ His $700,000 in starting capital is now down to $250,000.
Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925
◎ Yesterday afternoon, he went long on BTC at $82,823. After the price fell that evening, his stop-loss closed the position at $81,940, for a loss of $300,000.
◎ Then, in the early hours today, he flipped short at $81,743, shorting 200 BTC ($16.48 million). BTC subsequently rebounded, and the position is now showing an unrealized loss of $150,000.
◎ His $700,000 in starting capital is now down to $250,000.
Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925