A certain whale that is 20 times long in BTC has started to execute a full liquidation operation, resulting in a loss of $11.72 million this time

According to on chain analyst Yu Jin's monitoring, trader @ AguilaTrades' 20 fold long on BTC is suspected to be about to leave the market at a loss, and has started executing all liquidation operations, resulting in a loss of $11.72 million this time. The trader started closing positions at 4:30 am and the current position has dropped to $121 million. The remaining 1157 BTC long positions (worth $121 million) are continuing to be closed through the TWAP (Time Weighted Average Price) strategy, and according to the setting, all positions will be closed in 7 hours.