Trader AguilaTrades Opens $200 Million Bitcoin Long Position

According to PANews, on-chain analyst Yu Jin reported that trader AguilaTrades has opened a new long position in Bitcoin valued at $200 million. The position involves 1,894 BTC with a 20x leverage, an entry price of $104,976, and a liquidation price of $97,265. Currently, the position shows an unrealized profit of approximately $910,000. Previously, AguilaTrades opened a Bitcoin long position on June 9, which was closed on June 13 with a loss of $12.48 million.