Trader AguilaTrades Amplifies HyperLiquid BTC Short Position to $100 Million at 20x Leverage

COINOTAG News reported on June 27th that prominent trader AguilaTrades has significantly expanded his HyperLiquid BTC short position to exceed 100 million U.S. dollars. According to data from EmberCN monitoring, AguilaTrades currently holds a 20x leveraged short on 931 BTC, with an entry price positioned at 106,779 U.S. dollars. The liquidation threshold for this position is set at 112,640 U.S. dollars, underscoring the high-risk, high-reward nature of this trade. This sizable short position reflects a strategic stance on Bitcoin’s price movement, emphasizing the trader’s bearish outlook within the current market dynamics. Investors and market participants should closely monitor such leveraged positions, as they can influence liquidity and volatility in the cryptocurrency market.