According to PANews, the enigmatic investor known as AguilaTrades has significantly reduced its Bitcoin holdings. Initially holding a position valued at $424 million, AguilaTrades has now decreased its holdings from 3,952.66 BTC to 736.5 BTC, with the current position valued at $77 million. The investor recently closed most of its 20x leveraged long positions on Bitcoin. In the latest transaction, AguilaTrades incurred a loss of $12.5 million, bringing the total losses to over $15 million.

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