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Trader opens $16.35M 40x leveraged short on Bitcoin after closing $331K loss long position

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Trader opens $16.35M 40x leveraged short on Bitcoin after closing $331K loss long position

AguilaTrades opened a 40x leveraged short position worth $16.35 million on Bitcoin, covering 200 BTC, after closing a previous long trade that resulted in a $331,000 loss. The liquidation price for this short position is set at $82,703.32 per bitcoin. This move marks a bearish bet on Bitcoin with high leverage, meaning small price changes could lead to significant gains or losses. AguilaTrades had been inactive for over six months before entering the earlier long trade and then switching to this short position as the market declined.

Bitcoin is trading at Rp1.464.402.038 on Pluang, down 1.77% in the last day. The platform shows a strong buy interest with 76% of orders as of Oct 09, 2026 08:01 WIB, even as the market cap stands at Rp29.446,43 trillion.

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