Crypto trader AguilaTrades has returned to the market, depositing a big 4.6 million USDC into Hyperliquid to take on high-leverage longs in Bitcoin and Ethereum.
The trader has a long position in BTC with 40x leverage and a long position in ETH with 25x leverage. The market is uncertain, and there are a lot of risks. If he hasn’t planned ahead, the outcome might be another significant loss.
Bitcoin is worth about $114,600 right now, while Ethereum is worth about $3,700.
His return to trading has attracted a lot of attention, especially considering that the last time he engaged in such high-risk trades, he made well over 40 million dollars.
Details of AguilaTrades’ High-Stakes Trading on Hyperliquid
Aguila’s decision to leverage BTC at 40x exposes him to liquidation should the price drop below 2.5 percent. The 25x long on ETH has a similar amount of risk on it, as he is betting or gambling on a short rally.
Although the deposit amount of 4.6 million USDC seems substantial, it looks small in comparison to the losses he has already faced.
Market Reactions and Uncertainty
The relocation is amid recent weeks of big optimism in crypto markets. Both BTC and ETH have been growing moderately in recent weeks, with volatility rates being rather high.
Traders are divided about whether AguilaTrades’ recent move is another gamble or a well-planned move. Crypto Twitter continues to discuss his earlier loss of 40 million dollars. Some people consider this latest step a point of resilience, and some people consider it one of the risks of being overconfident in the market, where no mistakes are tolerated.Everyone is now focusing on Bitcoin and Ethereum, anticipating whether this high-leverage investment will result in a profitable outcome or lead to another significant loss.
