According to @EmberCN, trader @AguilaTrades fully closed his massive 20x long BTC (Bitcoin) position worth $434 million, incurring a loss of $12.48 million. He began building this leveraged position on June 9 and increased it through June 11 using a total of $29.85 million USDC as margin. The entire position was liquidated in batches following a significant BTC price pullback in the early hours today. This high-profile liquidation signals increased volatility and potential bearish sentiment among leveraged traders, which could impact short-term BTC price action and overall crypto market liquidity (source: @EmberCN on Twitter).

According to @CryptoHayes, Maelstrom Fund has announced its fourth Bitcoin developer grant, awarded to Ron, who will focus on developing Silent Payments to enhance privacy and reduce address reuse in the Bitcoin (BTC) network (source: @CryptoHayes, bitcoinops.org). This technical advancement could increase user confidence and long-term adoption, potentially supporting positive BTC price action as privacy improvements become a trading catalyst.

According to @AguilaTrades, a well-known crypto trader since 2013, he has achieved significant trading results by employing high leverage strategies. On November 7, 2024, @AguilaTrades reported a daily profit of $20.42 million during a major crypto market rebound, as cited in his public trading summary (source: @AguilaTrades Twitter, June 11, 2025). Additionally, in October 2023, he secured a $5.4 million unrealized profit by going long on BTC, demonstrating effective risk management and strategic entry during market upswings (source: @AguilaTrades Twitter). These results highlight the potential for substantial gains using high-leverage positions during volatile market periods, providing valuable trading insights for crypto market participants focused on BTC and overall market momentum.