BREAKING
206d 13h ago

AguilaTrades Expands Short Position in BTC to $43.99M Amid Ongoing Growth

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 significantly expanded its short exposure on Bitcoin (BTC), with the total short position now valued at approximately $43.99 million. This strategic move reflects a growing bearish sentiment within certain market segments, as the firm continues to increase its holdings. The ongoing accumulation of short positions indicates a cautious outlook on BTC’s near-term price trajectory, emphasizing risk management amid current market volatility. Investors and traders should monitor these developments closely, as shifts in large institutional positions often signal broader market trends. The escalation in short interest underscores the importance of understanding market dynamics and positioning strategies in the evolving cryptocurrency landscape.

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