Crypto King Calls It Quits After Losing $15 Million (And a Little Bit of His Dignity) 💸

AguilaTrades, the so-called “Bitcoin genius” who made a whopping $77.36 million in profits last year (because who wouldn’t?), has decided to hang up his crypto boots after going on a *tragic* losing streak. Yes, that’s right. The once-mighty trader who basked in the glory of huge profits is now crying into his digital wallet, having just closed all of his long positions.

So what happened? Well, AguilaTrades made the classic mistake of getting a little too greedy (a move I’m sure we all regret after the fifth drink at brunch). The trader placed a massive long bet on Bitcoin (BTC) on Hyperlinquid, the go-to derivatives trading platform for people who like to lose money at lightning speed. Surprise, surprise—it was a disaster. He lost over $12 million. 💀

But wait, it gets better (or worse, depending on how you look at it). On June 15, Lookonchain reported that AguilaTrades decided to double down like a pro. He opened yet another huge Bitcoin long with 20x leverage. The position was worth $200 million, because who needs to play it safe when you’ve got digital Monopoly money to gamble with? 🎲

Then, on June 17, he decided, “Why not throw in a little more?” and deposited 1.8 million USDC tokens into Hyperliquid. At this point, it’s like watching someone add extra toppings to their pizza, knowing they’re just going to regret it later. 🍕

Lookonchain took note, and so did the rest of us, as they pointed out that AguilaTrades was getting “greedy” and couldn’t just take his $5.8 million profit and walk away. Classic mistake—there’s always that one person who just has to take the extra slice of pizza. And guess what? Instead of cashing in, he ended up with a $12.5 million loss. Ouch.

And of course, Monday wasn’t any better. The trader was up $10 million, only to be swallowed whole by the crypto market’s whims when he failed to take profits. Because nothing says “I’m in control” like waiting until you’re underwater to make a move. 🤦‍♂️

Fast forward to the latest development: after a $3 million loss (because why not?), AguilaTrades finally threw in the towel, saying, “You know what, maybe I’ll take up knitting instead.” He’s now down a total of $15.4 million over the last 15 years. Yeah, you read that right. Fifteen million. 🧶

Meanwhile, Bitcoin is chilling at $104,677 after dropping by 0.1% in the past 24 hours. Oh, and let’s not forget that it’s down nearly 5% over the past week. So, you know, things are great in the crypto world. 🙃

2025-06-18 18:18

Top Bitcoin Trader Closes All Long Positions After Massive Losses

Crypto King Calls It Quits After Losing $15 Million (And a Little Bit of His Dignity) 💸

Read More