According to PANews, on-chain analyst Yu Jin detected that BTC has pulled back to the cost line near AguilaTrades, prompting the trader to start reducing positions. He set up a closing execution for a position of 1000 BTC using a TWAP strategy at 6 o'clock and has currently reduced 155 BTC.
The current position situation is a 20x long position of 3804 BTC, with a position value of 413 million USD. The opening price is 108,638 USD, and the liquidation price is 103,000 USD. The current BTC price is near its opening cost line.
