PANews reported on June 17 that according to Lookonchain monitoring, trader AguilaTrades seemed a bit greedy. After increasing his BTC long position to more than $400 million twice, BTC experienced a continuous correction, forcing him to sell his position:
Last week, he did not cash out after making a profit of $5.8 million on his BTC long position, and ended up losing $12.47 million;
This week, he made the same mistake again. His unrealized profit reached $10 million yesterday but he did not cash it out. Now he has suffered a unrealized loss of more than $2.5 million.
