Summary
- AguilaTrades, a whale on Hyperliquid, has reportedly recorded $41.7 million in unrealized profits through a 20x long position on Bitcoin.
- AguilaTrades' Bitcoin long entry price was stated as $109,000, and the liquidation price as $108,680.
- It is reported that the recent upward momentum in Bitcoin is expected to offset the previous $34.18 million losses.
AguilaTrades, known as one of the whales on the decentralized futures exchange (DEX) Hyperliquid (HYPE), has reportedly achieved approximately $41.7 million in unrealized profit from a long (buy) position on Bitcoin (BTC).
On the 14th (local time), AmberCN announced on X (formerly Twitter), "Whale AguilaTrades' unrealized profit has reached $41.7 million." AguilaTrades is said to have opened a $368 million 20x long position on Bitcoin. In addition, "the entry price is around $109,000, with a liquidation price of $108,680," the post added.
Previously, due to factors such as the Middle East crisis, AguilaTrades had accumulated a total loss of $34.18 million over the past few months. However, the recent bullish trend of Bitcoin is expected to recover all prior losses.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] South Korea’s FSS to look into ZKsync coin after a 1,000% surge in just three hours](https://media.bloomingbit.io/PROD/news/073d8ae6-ffa0-4b8b-85dd-3f131d9eb908.webp?w=250)
