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AguilaTrades Opens $64.4 Million Bitcoin Long at 40x Leverage

The 1,000-BTC position showed more than $1.8 million in unrealized profit about 30 minutes after opening. AguilaTrades made $5.66 million from trading over the prior week, mainly by shorting Bitcoin.

By Enna Lee
Published
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A brass token balances at the steep edge of a steel beam / TokenPost.ai (mono)
A brass token balances at the steep edge of a steel beam / TokenPost.ai (mono)

AguilaTrades opened a 40x leveraged long covering 1,000 Bitcoin (BTC), a position valued at about $64.4 million, around 9 p.m. ET Saturday. The trade had more than $1.8 million in unrealized profit about 30 minutes later, at 9:28 p.m. ET (02:28 UTC Sunday).

AguilaTrades made $5.66 million from trading over the prior week, mainly through Bitcoin shorts. The new long follows AguilaTrades’ earlier 40x Bitcoin short.

Enna Lee

Reporter

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

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