AguilaTrades Increases BTC Long Position Above $400M Amid Price Drop to $102,340

According to data from Ember Monitor, AguilaTrades has notably expanded their long position on Bitcoin (BTC), now exceeding $400 million. This strategic move coincided with a BTC price decline from $106,000 to a recent low near $102,340. The current position is experiencing an unrealized loss of approximately $7.86 million, reflecting market volatility. AguilaTrades maintains a 20x leveraged long position comprising 3,522 BTC, with a total position valuation around $363 million. Their entry price stands at $105,084, while the liquidation threshold is set at $100,690. This data underscores the significant risk exposure inherent in high-leverage crypto trading, emphasizing the importance of risk management amid fluctuating BTC prices.