Data: Trader AguilaTrades’ $325 Million BTC Long Position Turns from Profit to Loss, Currently Facing $2.38 Million Unrealized Loss
According to on-chain analyst Ai Yi (@ai_9684xtpa), there has been significant volatility in the 20x leveraged BTC long position held by contract trader AguilaTrades, who entered the market in 2013. This position, valued at $325 million, had an unrealized profit of $3.45 million last night, but has now turned into an unrealized loss of $2.38 million. However, there is still a considerable gap before reaching the liquidation price of $100,940.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SEC and CFTC to Resume Operations Soon, Progress Expected for ETF Applications and Crypto Spot Leverage Trading
2,357.38 BTC transferred out from Strategy (Prev. MicroStrategy)
