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AguilaTrades incurs $630,000 in losses from frequent trading, now switches back to shorting BTC

Summary: According to reports, data analyst @ai_9684xtpa monitored AguilaTrades liquidating a 20x leveraged BTC short position in the early morning, making a profit of $12,900, then switching to a long position and losing $642,000 within 2 hours. Currently, they have switched back to a short position, placing a TWAP short order for 1000 BTC, with 279 ...

According to reports, data analyst @ai_9684xtpa monitored AguilaTrades liquidating a 20x leveraged BTC short position in the early morning, making a profit of $12,900, then switching to a long position and losing $642,000 within 2 hours. Currently, they have switched back to a short position, placing a TWAP short order for 1000 BTC, with 279 already filled, and the operation will continue until 12:56:22 today.

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Link: AguilaTrades incurs $630,000 in losses from frequent trading, now switches back to shorting BTC   [Copy]
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