AguilaTrades $400M 20× BTC Long Hits $7.9M Loss Amid Price Dip
AguilaTrades expanded its Bitcoin long position to over $400 million using 20× leverage, holding 3,522 BTC at an average entry of $105,084. As BTC fell from $106,000 to $102,340, the position slipped into an unrealized loss of about $7.9 million. The liquidation price remains at $100,690. This sizeable leveraged bet underscores strong bullish conviction but also highlights elevated risk in a volatile market. Traders should emphasise robust risk management when using high leverage on Bitcoin longs.
Neutral
While AguilaTrades’ expanded $400 million BTC long at 20× leverage reflects bullish conviction, the position’s $7.9 million unrealized loss as Bitcoin dipped heightens liquidation risk. In the short term, such large leveraged positions can amplify volatility and trigger stops, potentially exerting downward pressure. Over the long term, the episode reinforces the need for strict risk controls but does not fundamentally alter Bitcoin’s bullish trend. Traders may remain cautious but not deterred if broader market indicators stay positive.