20x Leverage Whale Identity Revealed: AguilaTrades Splurges 29.85 Million USDC to Long BTC, with Unrealized Losses Exceeding $5.5 Million

BlockBeats reports that on June 12, according to Lookonchain's monitoring, the mysterious whale address 0x1f25 has been identified as X user @AguilaTrades.

Over the past 4 days, they transferred 29.85 million USDC from Bybit to Hyperliquid to go long on BTC with a 20x leverage.

Currently, they have an unrealized loss of over $5.5 million — yet as Bitcoin's price dipped further, they chose to increase their position and continue going long.