Analysis: The whale who longed BTC with 20x leverage is Aguila Trades
according to Lookonchain monitoring, the mysterious whale address 0x1f25 has been confirmed to be owned by user X @AguilaTrades. In the past 4 days, they have transferred 29.85 million USDC from Bybit to Hyperliquid for a 20x leverage long position on BTC. Currently, they have unrealized losses exceeding 5.5 million USD - but when the price of Bitcoin drops again, they choose to add more positions to continue going long.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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