Trader AguilaTrades, down $38M, reopens 40x BTC short worth $10.14M
- —Position size: 124.24 BTC, roughly $10.14 million
- —Leverage 40x, liquidation price at $83,432.22
- —Unrealized profit stood at $165,000
- —Trader's cumulative losses total $38 million
Why it matters: A large high-leverage short with a liquidation level near spot could amplify BTC volatility if price approaches $83,400.
Source: PANews