# AguilaTrades Opens $16.35 Million Bitcoin Short After $331,000 Loss

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/28624
Published: 2026-10-09T00:54:18.000Z
Updated: 2026-10-09T00:54:18.000Z
Section: Investing

> The trader used 40x leverage to short 200 BTC, with liquidation set at $82,703.32 per bitcoin.

AguilaTrades opened a 40x leveraged short position worth $16.35 million in Bitcoin (BTC) after closing an earlier long trade at a $331,000 loss.

The short position covers 200 BTC. Its liquidation price is $82,703.32 per bitcoin.

AguilaTrades had remained inactive for more than six months before opening the earlier Bitcoin long position. The trader closed that position after the market declined, then switched to a short trade.

The latest position represents a bearish market bet with substantial leverage. At 40x, relatively small price movements can produce large gains or losses and bring the position closer to liquidation.