Well-known trader goes long on 100 BTC on Hyperliquid for the first time in 14 months

On October 8, according to Yujin monitoring, well-known compounding position trader @AguilaTrades reopened a position on Hyperliquid after a 14-month hiatus. Twenty minutes prior, they withdrew 500,000 USDC from Bybit to Hyperliquid and opened a long position for 100 BTC (valued at approximately $8.29 million) at an entry price of $82,962, with a liquidation price of $78,997.

Previously, between June and August last year, AguilaTrades frequently executed large-position long compounding trades on Hyperliquid, incurring cumulative losses of $37.6 million over a two-month period.