After AguilaTrades Increases Long Positions to $400 Million for the Third Time, BTC Plunges Again with Current Unrealized Losses of $7.85 Million

Odaily Planet Daily News: According to monitoring by @EmberCN, trader AguilaTrades increased their BTC long position to over $400 million at 19:30 last night, when the BTC price was around $106,000. Subsequently, the BTC price continued to decline, reaching a low of $102,340, resulting in AguilaTrades experiencing a drawdown for the third time after a significant position increase.

The current position details are: 3,522 BTC long with 20x leverage, position value approximately $363 million, average entry price $105,084, liquidation price $100,690, and an unrealized loss of about $7.857 million. Previously, when the position reached $424 million, there was once an unrealized profit of $3.63 million.