Trader AguilaTrades Scales Bitcoin Long Position to $262 Million with Massive 2,500 BTC Accumulation

COINOTAG disclosed on June 15 that, based on data from EmberCN, prominent trader AguilaTrades has significantly expanded his Bitcoin exposure. Initially opening a $200 million 20x leveraged long position earlier in the day, he is now executing a strategic scale-up to reach a total position size of $262 million. This move underscores a substantial commitment to Bitcoin amid current market dynamics.

At 6 PM, AguilaTrades deployed a TWAP (Time-Weighted Average Price) order designed to acquire an additional 606 BTC over an 8-hour window. This methodical accumulation aims to minimize market impact while steadily increasing his holdings. By 2 AM, upon order completion, his total long Bitcoin position will stand at 2,500 BTC, reflecting a significant leveraged bet valued at $262 million.