Highlights on the cryptocurrency market on June 18
Whale @AguilaTrades withdraws from a massive BTC position
Analysis of cryptocurrency shark actions
According to data from Onchain Lens, shark @AguilaTrades made a significant divestment decision on June 18. Statistics show that this shark closed a 20x long position on Bitcoin (BTC). This action has attracted considerable attention on cryptocurrency investment forums, as it is one of the signs indicating a stronger market correction.
Accurate information about the loss
Details on cryptocurrency shark transactions
In total, these transactions contributed to a loss of up to 15.42 million USD. This is a significant loss, clearly reflecting the exit sentiment of large sharks in the context of high market volatility. This event raises many questions about the upcoming trend of BTC prices and long-term investment strategies.
Impact on the cryptocurrency market
Trend predictions and investment strategies
The actions of shark @AguilaTrades may signal a new correction cycle, as large investors begin to take profits or reduce risk. In this context, individual traders should be cautious, considering technical signals such as support and resistance levels to determine reasonable entry points. The cryptocurrency market still has many unclear variables, therefore, closely monitoring on-chain data is essential to optimize investment strategies.
Source: https://tintucbitcoin.com/big-whale-aguilatrades-thua-lo-154-trieu-usd/
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