TechFlow, June 13 — According to on-chain analyst Ember (@EmberCN), trader AguilaTrades is fully closing out his 20x leveraged long position in BTC.
The trader began unwinding the position at 4:30 AM and has now reduced it to $121 million. The remaining 1,157 BTC long position is being liquidated using a TWAP (Time-Weighted Average Price) strategy, expected to complete full settlement within 7 hours. Data shows that AguilaTrades has incurred a loss of $11.72 million on this BTC long trade.
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