PANews reported on June 23 that according to Lookonchain analysis, AguilaTrades lost over $35 million in Bitcoin perpetual contract trading within two weeks. On June 8, he created a new wallet and transferred $39.18 million USDC from Bybit to Hyperliquid for trading.
On June 9, he started going long on Bitcoin, with unrealized gains once reaching $5.76 million, but without closing the position. Subsequently, due to the Israel-Iran conflict causing Bitcoin to plummet, he closed the position with a loss of $12.47 million. On June 15, he went long again, with unrealized gains reaching up to $10 million, but again without closing the position, ultimately ending with a loss of $2.95 million. On June 20, he went long for the third time, with unrealized gains of $3.2 million, but still without taking profit, ultimately losing $17 million.
After three consecutive failed long positions, he switched to short, but Bitcoin's rebound led to further losses of $2.33 million.
