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Top Trader AguilaTrades Faces $40M Liquidation in Sudden Market Crash

Summary by The Crypto Basic
AguilaTrades, a closely watched crypto trader, has suffered one of the most severe personal losses in recent memory, with nearly his entire portfolio wiped out in a massive liquidation on the Hyperliquid platform.  According to blockchain analytics platform Lookonchain, his long position on Bitcoin (BTC) was closed during a sharp market downturn, one triggered by the Federal Reserve’s decision to delay interest rate cuts. This wave of selling pr…
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The Crypto Basic broke the news in on Friday, August 1, 2025.
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