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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Trader AguilaTrades Faces Complete Liquidation with $40M Loss on Hyperliquid
Gate News bot message, cryptocurrency trader AguilaTrades (@AguilaTrades) has experienced a complete liquidation of positions on Hyperliquid platform, resulting in losses approaching $40 million.
Prior to the full liquidation, AguilaTrades attempted to mitigate losses by closing partial long positions, maintaining a position of 1,000 BTC valued at $117.65 million. The total losses accumulated to $38 million before the final liquidation event.
Source: Lookonchain