1 min read
Add as a preferred source on Google

Aguila Books $1.31 Million on Bitcoin Short, Opens $17.2 Million Position

The new short is for 250 BTC and uses 40x leverage. Aguila’s cumulative trading result remained a $37.29 million loss.

Mentioned assets
A brass token hangs at an angle from a steel balance / TokenPost.ai
A brass token hangs at an angle from a steel balance / TokenPost.ai

Trader Aguila closed a Bitcoin (BTC) short for a $1.31 million profit over the eight hours before the Nov. 13 update, then opened a new short position for 250 BTC using 40x leverage.

The new position is valued at about $17.2 million. Aguila’s cumulative trading result remained a $37.29 million loss despite the gain from the closed short.

Enna Lee

Reporter

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

Loading…