Aguila Trades Bleeds $40M in Liquidation—Crypto Volatility Strikes Again

Another day, another crypto firm gets mauled by market chaos. Aguila Trades just joined the hall of shame with a $40M liquidation—proof that even the sharpest claws can’t always cling to leverage.

When the market sneezes, overleveraged traders catch pneumonia. This time, Aguila’s positions got shredded faster than a DeFi rug-pull confession. No surprises here—just the sound of stop-losses triggering in unison.

Volatility isn’t a bug; it’s crypto’s bloody hallmark. And while some see dollar signs, others keep learning the hard way: in crypto, the house always wins… until it doesn’t.

Liquidations Surge Across the Market

According to Coinglass data, a cryptocurrency data platform, more than $652 million in crypto positions were liquidated in a single day, and 165,000 traders faced forced closures. Ethereum was leading, having $4.88 million in liquidations, followed closely by Bitcoin at $3.95 million. Longs took the heaviest hit, making up over 90% of all liquidations.

Moreover, Binance logged the single largest liquidation, a $13.79 million ETHUSD futures trade. That highlights just how extreme margin use has become. Hence, the heavy use of leverage continues to amplify market moves. These forced closures may now reset the market or expose deeper instability.

This event has prompted retail and pro traders to reassess their risk management protocols, potentially leading to better risk controls in the crypto derivatives market. 

Also Read: Ethereum Slides 6% as Traders Dump Near $4K Resistance