According to Ashes Monitoring, AguilaTrades initiated a substantial long position in Bitcoin (BTC) valued at $160 million as the cryptocurrency surpassed the $108,000 mark. Subsequently, the trader strategically augmented this position to $216 million, now holding approximately 2,000 BTC. The entry price for this position is recorded at $107,459, with a liquidation threshold set at $104,020. Presently, AguilaTrades is realizing an unrealized profit of $1.22 million, reflecting effective risk management amid volatile market conditions. This sizable commitment underscores growing institutional interest and confidence in BTC’s upward momentum, highlighting significant market dynamics for investors monitoring large-scale crypto trades.
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