According to the news from 深潮 TechFlow, on June 13th, analyst 余烬 monitored that trader (@AguilaTrades) has completely closed his 20x long position of 434 million USD in BTC, resulting in a loss of 12.48 million USD. He started going long on BTC from the 9th and then rolled over his position to expand it to 434 million USD on the 11th. After the pullback in BTC price early this morning, he began to close his positions in batches until he completely closed them 10 minutes ago. He used a total of 29.85 million USDC as margin for this trade and still has 17.37 million USD in funds after fully closing his positions. Now he has also opened a short order for BTC in his address, which belongs to a small position for him, with a position value of only 870,000 USD.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
According to the news from 深潮 TechFlow, on June 13th, analyst 余烬 monitored that trader (@AguilaTrades) has completely closed his 20x long position of 434 million USD in BTC, resulting in a loss of 12.48 million USD. He started going long on BTC from the 9th and then rolled over his position to expand it to 434 million USD on the 11th. After the pullback in BTC price early this morning, he began to close his positions in batches until he completely closed them 10 minutes ago. He used a total of 29.85 million USDC as margin for this trade and still has 17.37 million USD in funds after fully closing his positions. Now he has also opened a short order for BTC in his address, which belongs to a small position for him, with a position value of only 870,000 USD.