Whale Trader AguilaTrades Suffers Significant Losses in the Past Two Months, Once Saw a Peak Profit of Over $40 Million Before Ending Up "Bust"

BlockBeats News, August 1st, according to HyperInsight monitoring, the contract whale AguilaTrades has suffered a trading loss of approximately $8.47 million in the past 30 days and a loss of approximately $5.61 million in the past 7 days. Their HyperLiquid account has suffered a total loss of approximately $40 million, approaching "zero," with only $86,000 remaining in the account. AguilaTrades has been jumping back and forth between long and short positions this month, using high leverage to open positions in Bitcoin and Ethereum. Their Bitcoin positions are mostly leveraged at 40x, while their Ethereum positions are mostly leveraged at 25x. The Bitcoin long position once had a peak profit of over $41.7 million, but suffered a significant retracement during the market turbulence on July 15th.

「Aguila」 means "eagle" in Spanish. AguilaTrades claims to have been engaged in trading activities since 2013 and has maintained a low profile in the trading world for 10 years, focusing on candlestick chart-based time frame analysis rather than short-term minute-level trading. AguilaTrades is known for large cryptocurrency trades, mainly involving Bitcoin, Ethereum, and SOL. They once made hundreds of millions of dollars in profits in 2024, but have experienced significant losses in the past two months. In June, they suffered a loss of over $33.44 million in high-leverage Bitcoin trades, and in July, their $400 million Bitcoin long position was completely liquidated.