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AguilaTrades Loses $331,000 on Bitcoin Long, Then Is Liquidated Again

AguilaTrades reversed from the long into a short position and was liquidated again. The second liquidation occurred 10 minutes before the monitoring update.

By Enna Lee
Published
Mentioned assets
Hand holding a phone beside a sharply declining trading chart / TokenPost.ai
Hand holding a phone beside a sharply declining trading chart / TokenPost.ai

AguilaTrades lost $331,000 on a Bitcoin (BTC) long position before reversing into a short trade and being liquidated again.

The second liquidation occurred 10 minutes before the monitoring update.

The episode follows AguilaTrades’ opening of a $16.35 million Bitcoin short after the earlier loss.

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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