Aguila Trades, who had previously closed out his position, has opened a new one—this time a short position of $BTC , and he is still adding to it.
At 18:33 tonight, he transferred 616,192 $USDC to Hyperliquid $HYPE , then opened a BTC short in several batches. As of 22:08, he held a 225 BTC short position, with a notional value of about $16.61 million, at 40x leverage across the account, an average entry price of $73,818, and a liquidation price of around $75,753.
Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925
This trader, who has historically opened BTC long positions worth hundreds of millions of dollars, had previously accumulated losses of about $38.78 million (according to TradingBeats). This time, he has switched to a 40x short. With account equity of only about $650,000, a roughly 2.6% BTC rebound would trigger liquidation. His leverage remains extremely aggressive.
A few additional points
1. The position is still growing rapidly: about 61 BTC at 22:02, 225 BTC at 22:08, and 250 BTC short by 22:15, with a notional value of about $18.46 million, an average entry price of $73,818.9, and a liquidation price of around $75,467—only about 2.2% above the current price (around $73,840).
2. Account equity is about $640,000, backing a notional position of around $18.46 million. Effective leverage is close to 29x, leaving very little room for error; even a modest BTC rebound could trigger liquidation.
3. Judging by the trades, he has been adding to his short all the way up to around $73,800, betting on further near-term declines. But the more he adds, the closer the liquidation price gets to the current price, and risk is accumulating rapidly.
4. The cumulative loss of about $38.78 million is based on TradingBeats' methodology and has not been independently verified by this account.
The above is for informational purposes only and is based on on-chain data. It does not constitute investment advice.
At 18:33 tonight, he transferred 616,192 $USDC to Hyperliquid $HYPE , then opened a BTC short in several batches. As of 22:08, he held a 225 BTC short position, with a notional value of about $16.61 million, at 40x leverage across the account, an average entry price of $73,818, and a liquidation price of around $75,753.
Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925
This trader, who has historically opened BTC long positions worth hundreds of millions of dollars, had previously accumulated losses of about $38.78 million (according to TradingBeats). This time, he has switched to a 40x short. With account equity of only about $650,000, a roughly 2.6% BTC rebound would trigger liquidation. His leverage remains extremely aggressive.
A few additional points
1. The position is still growing rapidly: about 61 BTC at 22:02, 225 BTC at 22:08, and 250 BTC short by 22:15, with a notional value of about $18.46 million, an average entry price of $73,818.9, and a liquidation price of around $75,467—only about 2.2% above the current price (around $73,840).
2. Account equity is about $640,000, backing a notional position of around $18.46 million. Effective leverage is close to 29x, leaving very little room for error; even a modest BTC rebound could trigger liquidation.
3. Judging by the trades, he has been adding to his short all the way up to around $73,800, betting on further near-term declines. But the more he adds, the closer the liquidation price gets to the current price, and risk is accumulating rapidly.
4. The cumulative loss of about $38.78 million is based on TradingBeats' methodology and has not been independently verified by this account.
The above is for informational purposes only and is based on on-chain data. It does not constitute investment advice.
