After losing $38 million, AguilaTrades opens another 40x BTC short, with the liquidation price less than 1% from the entry price

According to on-chain monitoring, trader AguilaTrades has entered the market again after cumulative losses exceeding $38 million and multiple liquidations. The address is currently short 93.67 BTC at 40x leverage, with a position value of approximately $7.19 million and a liquidation price of $77,435.21. Based on the position value, the average entry price is approximately $76,760—less than 1% away from the liquidation price. BTC would only need to move about 1% in the opposite direction for the position to face liquidation again.