AguilaTrades'40 x BTC short position was liquidated again
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AT A GLANCE
Lookonchain said that a short position held by AguilaTrades, which had previously shown an unrealized profit of 165000 USD in 40 x BTC was liquidated approximately 3 hours later.
Article
AguilaTrades'40 x BTC short position was liquidated again, after previously showing an unrealized profit of 165000 USD
PANews October 13 news, according to monitoring by Lookonchain, AguilaTrades' short position, which had previously shown an unrealized profit of 165000 USD in BTC short position was liquidated again after approximately 3 hours. Previous monitoring showed that the trader shorted 40 with 124.24 coins BTC with a position value of approximately 10140000 USD and a liquidation price of 83,432.22 USD Before this trade, the trader had accumulated losses of approximately 38000000 USD。
PANews, on October 13 citing monitoring by Lookonchain, reported that AguilaTrades'BTC short position was liquidated again.
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The short position had previously shown an unrealized profit of 165000 USD and was liquidated approximately 3 hours later.
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Previous monitoring showed that the trader shorted with 40 x leverage 124.24 coins BTC with a position value of approximately 10140000 USD。
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The liquidation price given in the report was 83,432.22 USD。
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The report stated that, before this trade, the trader had accumulated losses of approximately 38000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
AguilaTrades bet on a decline in the price of BTC and used 40 x leverage. The report showed that although the position had an unrealized profit of 165000 USD at one point, it was still liquidated approximately 3 hours later.
Why it matters to readers
This news illustrates that in highly leveraged trading, a position can shift from showing an unrealized profit to being liquidated within a relatively short period.
Beginners should focus on understanding “leverage, short selling, unrealized profit, and liquidation”: the report's 40 x-leverage position was liquidated afterward despite having been profitable.
Risks and unknowns
The news was based on Lookonchain monitoring cited by PANews; the original text did not provide specific liquidation transaction records.
The original text did not state the BTC market price change that triggered the liquidation.
The approximately 10140000 USD position value and accumulated losses of approximately 38000000 USD were not accompanied by independently verifiable supporting materials in the original text.
AguilaTrades' true identity was not disclosed.
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BTC
The abbreviation commonly used for Bitcoin when referring to it as a digital currency.
