AguilaTrades Holds 40x Short on 93.67 BTC With $77,435 Liquidation Price
Photo: TokenPost
AguilaTrades is holding a 40x leveraged short position tied to 93.67 Bitcoin (BTC), with liquidation set at $77,435.21. The position is valued at about $7.19 million. A short is a trade positioned for an asset's price to fall; a liquidation price is the level at which a leveraged position is closed. The reported position value is approximate, while the liquidation figure is listed to the cent. The 40x leverage, 93.67 BTC size and $77,435.21 liquidation level define the reported trade. Its dollar value is an approximate valuation of the coin position, while the liquidation price marks the stated closure threshold.
Source: TokenPost
