BlockBeats reports that on June 17, according to monitoring by HyperInsight, trader AguilaTrades has been continuously reducing their 20x long Bitcoin position over the past hour. The nominal value of the position has now decreased to $206 million, with the remaining position's entry price at $106,014.2 and liquidation price at $94,000. AguilaTrades currently faces an unrealized loss of $1.25 million on this position, and over the past 24 hours, the trader has lost $6.288 million.
Tonight, AguilaTrades transferred an additional 5 million USDC to Hyperliquid as collateral, bringing the total collateral in the account to 36.684 million USDC.