On-chain analyst Ember said AguilaTrades, a well-known rollover trader identified as 0x1f25...f925, was forced to close a BTC short at a loss after Bitcoin rebounded above $83,000. The latest stop-out cost the trader $250,000.
According to Ember, AguilaTrades had not opened a position for the previous 14 months. After returning to the market, the trader first lost $300,000 on a long position yesterday, then lost another $250,000 on the short.
Ember added that AguilaTrades’ principal fell from $700,000 to $150,000 within a single day. The trader’s cumulative losses now stand at $38.16 million. The figures cited in the update were based on on-chain monitoring referenced by Odaily.
Odaily reported that, according to on-chain analyst Ember, well-known rollover trader AguilaTrades (0x1f25...f925) was stopped out of a BTC short after Bitcoin rebounded above $83,000, taking a $250,000 loss on the position.
Ember said AguilaTrades had not opened any trades for the previous 14 months. After returning to the market, the trader lost $300,000 on a long position yesterday, then posted another $250,000 loss on the short.
The update said the trader’s $700,000 principal fell to $150,000 within one day, bringing total losses to $38.16 million.
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