Unrealized profit exceeds $1.8 million, AguilaTrades holds a 40x long position of 1,000 BTC

Odaily reports: According to Lookonchain monitoring, AguilaTrades (0x1f25...f925) opened a 40x leveraged long position of 1,000 BTC about 30 minutes ago, with a position value of approximately $64.4 million. The current unrealized profit exceeds $1.8 million. AguilaTrades has made a trading profit of $5.66 million over the past week, mainly from shorting BTC.