TechFlow news, June 17 — According to on-chain analyst Ai Yi (@ai_9684xtpa), due to BTC's short-term price drop, trader AguilaTrades' long position has turned from profit to loss. Two minutes ago, he withdrew another 5 million USDC from Bybit and deposited it into Hyperliquid as margin.
In the past 15 minutes, he reduced his position by 632.64 BTC, lowering his 20x leveraged BTC long position to $350 million. His current average entry price is $106,014.2, with a liquidation price at $100,650, resulting in a floating loss of $1.58 million. The margin in his account has increased to 36.684 million USDC.
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