# AguilaTrades Closes 700-BTC Short, Builds $33.55 Million Long By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/57220 Published: 2026-11-14T05:32:42.000Z Updated: 2026-11-14T05:32:42.000Z Section: Investing > Within about an hour, the account closed its short of about 700 Bitcoin (BTC) and reversed into a long. It then held about 500 BTC long at 40x cross margin. AguilaTrades moved from a short in Bitcoin to a leveraged long in roughly an hour, leaving the account with a position valued at $33.55 million early Saturday. The account closed a short of about 700 BTC and opened a long. At 12:26 a.m. ET Saturday (05:26 UTC), it held about 500 BTC long under 40x cross margin. The snapshot listed an average entry price of $66,835.60 and a mark price of $67,092. It put the liquidation price at $60,031.60 and unrealized profit at about $195,300. AguilaTrades was still holding a 40x Bitcoin short on Wednesday, Nov. 11, when its [position was described as close to liquidation](). The latest snapshot shows the account had since reversed direction. ## Links in this article - [position was described as close to liquidation](https://www.tokenpost.com/news/investing/55007)