BREAKING
224d 20h ago

AguilaTrades Expands Short Position in BTC to $26.79M Amid Ongoing Increase

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

AguilaTrades has initiated a significant short position in Bitcoin (BTC), with the total exposure now amounting to approximately $26.79 million. This strategic move reflects a cautious stance amid current market volatility, as the firm continues to expand its short holdings. The ongoing accumulation of these positions indicates a deliberate approach to hedge against potential downside risks in the cryptocurrency sector. Investors and market analysts should monitor this development closely, as it may signal shifting sentiment among institutional traders within the crypto asset market.

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