Trader AguilaTrades Scales Bitcoin Long Position to $262 Million with Massive 2,500 BTC Accumulation
The post Trader AguilaTrades Scales Bitcoin Long Position to $262 Million with Massive 2,500 BTC Accumulation appeared on BitcoinEthereumNews.com. COINOTAG disclosed on June 15 that, based on data from EmberCN, prominent trader AguilaTrades has significantly expanded his Bitcoin exposure. Initially opening a $200 million 20x leveraged long position earlier in the day, he is now executing a strategic scale-up to reach a total position size of $262 million. This move underscores a substantial commitment to Bitcoin amid current market dynamics. At 6 PM, AguilaTrades deployed a TWAP (Time-Weighted Average Price) order designed to acquire an additional 606 BTC over an 8-hour window. This methodical accumulation aims to minimize market impact while steadily increasing his holdings. By 2 AM, upon order completion, his total long Bitcoin position will stand at 2,500 BTC, reflecting a significant leveraged bet valued at $262 million. ‘, ‘
The post Trader AguilaTrades Scales Bitcoin Long Position to $262 Million with Massive 2,500 BTC Accumulation appeared on BitcoinEthereumNews.com.
COINOTAG disclosed on June 15 that, based on data from EmberCN, prominent trader AguilaTrades has significantly expanded his Bitcoin exposure. Initially opening a $200 million 20x leveraged long position earlier in the day, he is now executing a strategic scale-up to reach a total position size of $262 million. This move underscores a substantial commitment to Bitcoin amid current market dynamics. At 6 PM, AguilaTrades deployed a TWAP (Time-Weighted Average Price) order designed to acquire an additional 606 BTC over an 8-hour window. This methodical accumulation aims to minimize market impact while steadily increasing his holdings. By 2 AM, upon order completion, his total long Bitcoin position will stand at 2,500 BTC, reflecting a significant leveraged bet valued at $262 million. ‘, ‘
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