AguilaTrades holds approximately USD 9.35 million in BTC short exposure, with prior cumulative losses of USD 38.2 million

According to TechFlow, on November 3, Ember monitoring reported that an address associated with trader AguilaTrades holds approximately USD 9.35 million in BTC short exposure, with an entry price of about USD 77,429 and a liquidation price of about USD 81,464.

The attached position screenshot shows that the short position is approximately 120.74 BTC and uses 40x cross leverage; another account screenshot shows cumulative P&L of approximately -USD 38.2 million.

Source: TechFlow