Crypto trader loses $15.4 million in 10 days 
Cryptocurrency Jun 18, 2025 Share
A cryptocurrency trader known as AguilaTrades has realized over $15.4 million losses in just ten days despite being one of the most successful traders on Bybit.
AguilaTrades losing Bitcoin position. Source: HyperDash
AguillaTrades, who boasts $77.36 million in profits on Bybit over the past year, has experienced a dramatic reversal of fortune after transitioning to the Hyperliquid platform, according to the latest on-chain data retrieved by Finbold from Lookonchain on June 18.
Details of the trading activity show a pattern of missed opportunities and poor risk management.
Indeed, the trader was up $5.8 million on a previous Bitcoin (BTC) long position using 20x leverage but failed to take profits, ultimately losing $12.47 million when the market turned against him. A similar scenario played out again when he was up $10 million but refused to cash out, resulting in another $2.5 million loss.
Bitcoin price analysis
Bitcoin slipped below the key $104,000 level on June 17, shedding nearly 4% in 24 hours. The drop mirrors a broader $160 billion wipeout in the crypto market, as escalating Middle East tensions, particularly the U.S.-Iran standoff, rattle investor sentiment.
Bitcoin’s failed attempt to reclaim the $105,000 resistance has invited a wave of profit-taking, stalling its recent momentum toward a potential new all-time high.
Still, institutional interest remains resilient. Despite the downturn, over $1.46 billion has flowed into Bitcoin ETFs over the past five days.
Meanwhile, markets await today’s Federal Reserve decision, where interest rates are expected to remain unchanged. However, traders will be closely watching Powell’s guidance for any signals on future rate cuts.
Featured image via Shutterstock
