Lookonchain: AguilaTrades Liquidated on BTC Short

Lookonchain reported that AguilaTrades opened a 40x short on 124.24 BTC ($10.14M) four hours earlier with a liquidation price at $83432.22, briefly showed $165K unrealized profit then got wiped out again, bringing cumulative losses to $38M.

BTC sits at $83677.52 inside the Bollinger Bands on the 4h chart, with the upper band at $84192.52 acting as immediate resistance. The EMA50 at $83469.65 and EMA200 at $82303.01 define the bullish structure while the MACD golden cross reinforces trend strength even as RSI at 53.88 stays neutral. Price testing the upper band while momentum holds suggests a healthy retracement toward the 50-EMA support before any further upside continuation.