AguilaTrades Reduces Bitcoin Holdings Amid Market Fluctuations

According to BlockBeats, HyperInsight has reported that AguilaTrades, a prominent whale contract trader, has reduced its Bitcoin holdings following a recent market pullback. The trader decreased its long position by 189.26 BTC, resulting in a reduction of $25,957,661 in the total position value. The specifics of the position include a 20x leveraged long position in Bitcoin, with a total position size of $505,690,940. The entry price for the position was $118,472, and the current unrealized profit stands at $655,580. However, the funding fee associated with the position is negative, amounting to -$1,013,966.