Summary
- AguilaTrades, a whale on Hyperliquid, has reportedly built a 40x leverage long position in Bitcoin.
- The size of this position is $1.08 billion, with an entry price revealed as $118,033.
- It is reported that AguilaTrades' position currently has an unrealized profit of $300,000.
AguilaTrades, known to be one of the whales on the decentralized futures exchange (DEX) Hyperliquid (HYPE), has reportedly established a 40x leveraged long (buy) position in Bitcoin (BTC).
On the 22nd (local time), ai_9684xtpa shared on X (formerly Twitter), "AguilaTrades built a 40x leveraged long position in Bitcoin after incurring losses from a long position in Ethereum (ETH)," adding, "The position size is $1.08 billion, with an entry price of $118,033."
It is known that unrealized profits currently stand at about $300,000.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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