The contract Whale AguilaTrades has experienced significant losses in the past two months, with unrealized gains exceeding 40 million USD ultimately dropping to zero.

On August 1, according to HyperInsight monitoring, the contract Whale AguilaTrades has incurred a trading loss of approximately 8.47 million USD over the past 30 days and about 5.61 million USD over the past 7 days, with its HyperLiquid account having lost a total of around 40 million USD, nearing "drop to zero", leaving only 86,000 USD in the account. AguilaTrades has been bouncing back and forth between long and short positions this month, using high leverage to Enter a Position in Bitcoin and Ethereum, with its Bitcoin Position often using 40x leverage and its Ethereum Position using 25x leverage. The Bitcoin long order once had unrealized gains exceeding 41.7 million USD but faced significant drawdown during the market Fluctuation on July 15. "Aguila" means "eagle" in Spanish, and AguilaTrades claims to have been engaged in trading activities since 2013, maintaining a low profile in the trading world for 10 years, focusing on time frame analysis based on candlestick charts rather than short-term minute-level trading. AguilaTrades is known for large-scale Crypto Assets trading, primarily involving Bitcoin, Ethereum, and SOL. It reportedly achieved hundreds of millions in profits in 2024 but has suffered significant losses in the past two months, with losses exceeding 33.44 million USD in June due to high leverage Bitcoin trading, and its 400 million USD Bitcoin long positions were completely liquidated in July.