AguilaTrades closes BTC long at $331K loss, flips to 200 BTC short
- —Loss on the closed BTC long totaled $331,000
- —New short covers 200 BTC worth $16.35 million
- —Leverage is 40x with a liquidation price of $82,703.32
- —The wallet had been inactive for over six months before the trade
Why it matters: A high-leverage flip to short signals that some traders are positioning for further bitcoin downside.
Source: TokenPost