Trader Aguila profited $1.31 million from his short Bitcoin position and opened a new short position worth $17.2 million.

Trader Aguila closed out his short Bitcoin position in the past 8 hours, making a profit of $1.31 million, and opened a new short position of 250 BTC with 40x leverage, worth $17.2 million. Despite profiting from this transaction, Aguila's cumulative losses still stand at $37.29 million. (Onchain Lens)