Trader AguilaTrades to Boost BTC Long Position Beyond $250 Million with Massive TWAP Order

According to COINOTAG News on June 20th, data from EmberCN reveals that trader AguilaTrades has been actively increasing their Bitcoin (BTC) long position. Following the initiation of a third BTC long yesterday, the trader plans to expand this position to exceed $250 million by 3 p.m. today. Earlier this morning at 7 a.m., AguilaTrades executed a TWAP (Time Weighted Average Price) order designed to accumulate an additional 2,000 BTC over an eight-hour period. Presently, the trader’s Hyperliquid position holds a notional value of approximately $76.92 million, with an entry price set at $104,746.3 and a liquidation threshold of $74,102. Despite an unrealized loss nearing $40,000, this strategic accumulation underscores a significant commitment to BTC exposure within the current market environment.