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Wallet Associated With @AguilaTrades Opens $8.29 Million Bitcoin Long

The position used 100 Bitcoin at an entry price of $82,962 after a 14-month absence from Hyperliquid.

By Enna Lee
Published
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Anonymous hand holding a smartphone with a Bitcoin chart / TokenPost.ai
Anonymous hand holding a smartphone with a Bitcoin chart / TokenPost.ai

A wallet associated with @AguilaTrades opened a long position in 100 Bitcoin (BTC) worth $8.29 million on Hyperliquid, its first position on the platform in 14 months.

The wallet associated with 0x1f25...f925 withdrew 500,000 USDC from Bybit before opening the trade. The position has an entry price of $82,962 and a liquidation price of $78,997.

The trader previously used large positions to roll over Bitcoin longs on Hyperliquid from June through August last year. Those trades resulted in a loss of $37.6 million over two months.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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