On-Chain Analyst Reports $3 Million USDC Purchase of 1,461.63 ETH Before 40x BTC Short Position

Trader AguilaTrades closed a 20x long position on Bitcoin, resulting in a loss exceeding $12 million. Subsequently, he opened a short position valued at $880,000, facing a floating loss of 12.03%. The short was initiated at $104,437.90, with a liquidation price of $2,150,523.11.

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