James increased his position in a Bitcoin purchase (long) on June 4 at 10:53, with a current position size of 1200, the price of the increase 105,329, and an average price of 106,073.6.

Why does his average price increase every time he reduces his position?

His opening price on June 2 was 105,890! After continuous effort to track all the steps of his operations, I finally found on page 29 below that he made another increase on June 3 at 23:55 at a price of 106,663. This mysterious operation is beyond anyone's understanding... professionals are simply incomprehensible!

#bitcoin #BTC