Whale Trader AguilaTrades Closes BTC 20x Long Position, Nets $1.58M Profit Amid $32.39M Overall Loss

According to Onchain Lens data reported by COINOTAG News on June 27th, prominent whale trader AguilaTrades has liquidated his leveraged BTC long position at 20x, securing a profit of $1.58 million. This recent successful exit adds to his cumulative gains of $2.93 million from the last two long trades. Despite these short-term wins, AguilaTrades’ overall portfolio remains in a near-term deficit of $32.39 million. This highlights the high-risk nature of leveraged trading in the cryptocurrency market, where volatility can significantly impact profit and loss. Market participants should consider these dynamics carefully when engaging in margin trading strategies.