According to on-chain analyst Ember (@EmberCN), prominent roll trader @AguilaTrades went long on BTC at $82,823 yesterday, only to be stopped out with a $300,000 loss as prices declined. This morning, he switched to a short position of 200 BTC (approximately $16.48 million) at $81,743, but BTC immediately rebounded, leaving his short position with a $150,000 unrealized loss. Caught on both sides, his initial $700,000 capital has now dwindled to approximately $250,000.
Famous Roll Trading trader AguilaTrades suffers $450K loss on BTC position reversal
TechFlowShare
Summary
Renowned roll trading trader @AguilaTrades suffered a $450,000 loss on BTC trades. On October 8, he went long at $82,823 and cut losses at $300,000 after the BTC price declined. The following day, he shorted 200 BTC at $81,743 (approximately $16.48 million), but the BTC price rebounded, resulting in a $150,000 floating loss. His initial $700,000 capital has now dropped to around $250,000. BTC dominance remains under pressure as traders face sharp reversals.
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