Trader @AguilaTrades Reopens Massive 20x Long Position on 1,894 BTC Worth $200M on Hyperliquid

According to recent data from EmberCN, prominent trader @AguilaTrades has initiated a substantial 20x leveraged long position on Bitcoin (BTC) via Hyperliquid, with a nominal exposure valued at approximately $200 million. The position encompasses 1,894 BTC at an entry price near $104,976, with a liquidation threshold set at $97,265. Currently, the unrealized gains on this trade stand at around $910,000, reflecting a cautiously optimistic market stance. Notably, this move follows a previous long position opened on June 9, which was closed on June 13, resulting in a realized loss of $12.48 million. This sequence highlights the volatile nature of leveraged trading in the cryptocurrency sector and underscores the importance of risk management strategies in high-stakes BTC positions.