Bitcoin Trader AguilaTrades Narrows $4.4M Unrealized Loss on Massive $365M 20x Long Position

According to recent on-chain analytics reported by COINOTAG News on June 21st, trader AguilaTrades has significantly reduced the unrealized losses on a substantial 20x leveraged Bitcoin long position held on Hyperliquid. The position, which initially faced an unrealized loss approaching $8 million, now reflects a narrowed deficit of approximately $4.4 million. Notably, the size of this leveraged position has marginally increased, currently standing at around $365 million. The position’s opening price is recorded at $105,084.7, with a critical liquidation threshold set at $100,700. This data underscores the high-risk, high-reward dynamics inherent in leveraged crypto trading and highlights the importance of precise risk management strategies in volatile markets.