BREAKING
209d 21h ago

Aguila Trades Switches to 20x Leveraged BTC Short After Closing Long Position

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Aguila Trades has strategically exited its 20x leveraged long position on Bitcoin, signaling a shift in market outlook. The firm has concurrently initiated a 20x leveraged short position, reflecting a bearish stance on BTC’s near-term price trajectory. This move underscores the heightened volatility and evolving sentiment within the cryptocurrency market. Leveraged trading at this scale amplifies both potential gains and risks, emphasizing the importance of risk management for investors. Market participants should closely monitor such institutional positioning as it often precedes significant price movements. Aguila Trades’ adjustment highlights the dynamic nature of crypto asset trading and the critical role of leverage in capitalizing on market fluctuations.

Share News:
Don't Miss Breaking News