AguilaTrades Returns With Planned 40x Bitcoin (BTC) Long

AguilaTrades deposited 499,000 USD Coin (USDC) on Hyperliquid after more than six months away, with a planned 40x Bitcoin (BTC) long worth about $16.58 million.

The planned position has a liquidation price of $81,466.75. The deposit and position details point to a return to high-leverage perpetual-futures trading on the platform.

AguilaTrades has previously recorded 33 liquidations and losses of more than $37 million. In earlier activity, a wallet associated with AguilaTrades opened an $8.29 million Bitcoin long on Hyperliquid after withdrawing 500,000 USDC from Bybit.

Perpetual futures allow traders to maintain positions without a fixed expiration date. The latest plan would expose the trader to a position substantially larger than the deposited amount because of the 40x leverage.