After two crashes, are you still willing to get back in? Trader Aguila is aggressively long with a 3.8K BTC position, currently showing a floating profit of 3.2 million. Can he turn things around this time?

Latest on-chain monitoring shows that trader AguilaTrades has once again jumped into the Bitcoin battlefield, going all-in with 3,854 BTC, equivalent to over 408 million USD!

The average opening price is 105,069.2 USD, with the liquidation price pushed down to 101,111.12 USD, currently showing a floating profit of 3.2 million. However, this 'old acquaintance' previously lost a substantial 15.4 million USD in the last two rounds, a hefty price to pay.

This time he returns to the table with scars, not just going all-in, but gambling for his life.

Several key points are worth digging into:

1. He is not a novice; he is a mad dog:

Despite two consecutive losses, he still dares to take such a heavy position, indicating he has a strong belief in this round of Bitcoin rebound, or rather—he has no intention of leaving an exit.

2. Position structure limit:

The liquidation price is less than 4K USD lower than the current price, and a small level drop could easily blow through it, meaning he either needs to seize short-term opportunities or is betting on an extreme turning point.

3. On-chain signals vs. sentiment:

This action reflects that some high-risk traders have started to bet on anticipated positive news for July, such as interest rate cuts and spot ETF accumulation, but this may also push the market towards a more extreme divergence phase.