According to @EmberCN, prominent trader @AguilaTrades has capitulated on his high-leverage 20x long position in Bitcoin (BTC), incurring a realized loss of $11.72 million. Starting from 4:30 AM, he began offloading his position, reducing it to $121 million, with the remainder being liquidated using a TWAP (Time-Weighted Average Price) strategy. This large-scale unwind signals potential short-term downward pressure on BTC prices and could trigger volatility in the broader cryptocurrency market as traders respond to the liquidation. Source: Twitter/@EmberCN.

According to AguilaTrades, their 1000 BTC TWAP strategy sell-off set in the morning has just been fully executed, reducing their BTC long position from 3956 BTC to 2956 BTC. The position value dropped from $434 million to $318 million, with a current unrealized loss of $3.96 million. The current open position is a 20x leveraged long on 2956 BTC, valued at $318 million, with an entry price of $108638 and a liquidation price of $100755. This significant deleveraging could influence BTC price volatility and market sentiment in the near term (Source: AguilaTrades).

According to @EmberCN, Bitcoin (BTC) retraced to the cost basis of AguilaTrades' $434 million long position, prompting the trader to start reducing exposure. At 6 AM, AguilaTrades initiated a TWAP (Time-Weighted Average Price) strategy to exit 1,000 BTC, with 155 BTC already closed out. His current exposure remains at 3,804 BTC on 20x leverage, valued at $413 million. This reduction in large leveraged positions could signal increased short-term volatility and impact BTC price momentum. Cited from @EmberCN on Twitter.

According to EmberCN, a trader known as 'Hyperliquid 50x 老哥' has started closing BTC short positions using a TWAP (Time Weighted Average Price) strategy, having closed 108 BTC in the last one and a half hours. The trader still holds 5500 BTC in short positions, valued at $455 million.