BTC Trader AguilaTrades Reopens $137M 20x Leveraged Long Position After $34M Loss

According to on-chain data analyst Yu Jin, the trader known as AguilaTrades has re-entered the Bitcoin futures market with a significant leveraged position. After previously incurring a substantial loss of $34.18 million across four BTC futures contracts, AguilaTrades has now initiated a 20x leveraged long position valued at approximately $137 million. This strategic move has already yielded a floating profit of $2.17 million, reflecting the volatile yet potentially lucrative nature of high-leverage trading in the cryptocurrency derivatives market. Such activity underscores the ongoing appetite for risk among institutional and high-net-worth traders within the Bitcoin futures ecosystem.