Summary
- It was reported that AguilaTrades, a whale on Hyperliquid (HYPE), recorded a $1.85 million loss in 10 minutes.
- AguilaTrades opened a 15x Ethereum short (sell) position, but stated that the position was closed due to a sudden price surge.
- It indicates that the risk of loss from leveraged trading is significant in rapidly rising markets.
It has been reported that AguilaTrades, known as one of the whale investors on the decentralized futures exchange (DEX) Hyperliquid (HYPE), recorded a loss of $1.85 million in just 10 minutes.
On the 11th (local time), OnchainLens revealed on X (formerly Twitter), "AguilaTrades opened another 15x Ethereum short (sell) position, but closed it as the price surged," adding, "A loss of more than $1.85 million was recorded in just 10 minutes."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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