Add as a preferred source on GoogleAguilaTrades’ Total Trading Losses Reach $38.16 Million
The trader lost $550,000 across a long and a short position in one day, cutting capital from $700,000 to $150,000.
AguilaTrades’ total trading losses have reached $38.16 million after a Bitcoin (BTC) short position was stopped out for a $250,000 loss as BTC rebounded above $83,000.
The trader, associated with blockchain address 0x1f25...f925, had not traded for 14 months before returning to the market. The latest trading sequence began with a $300,000 loss on a long position, followed by the short trade’s loss.
The two positions reduced AguilaTrades’ capital from $700,000 to $150,000 within one day. The episode adds to the trader’s previous losses from Bitcoin trading activity.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.