@AguilaTrades' cryptocurrency account has adjusted its strategy to maintain a position below 400 million USD, helping to reduce losses and effectively recover profits amidst market volatility.
MAIN CONTENT
@AguilaTrades maintains a position below 400 million USD to reduce losses.
Launching large leveraged positions, the adjustment strategy helped recover nearly 3 million USD.
@AguilaTrades has changed its trading strategy to minimize losses?
Market experts say that @AguilaTrades focuses on maintaining a position below the 400 million USD threshold and adjusting orders to limit risks. This is a key strategic shift that has helped this account recover after significant losses, as evidenced by the report from Ember on July 3, 2024.
Previously, in June 2024, this account opened several positions exceeding 400 million USD consecutively, leading to losses of up to 34.18 million USD. Tightening position size has helped reduce financial pressure and exploit market opportunities more effectively.
What is notable about @AguilaTrades' current position?
The latest results show that @AguilaTrades holds a 20x leveraged long BTC position, with over 2,240 BTC worth approximately 243 million USD. With an opening price of 107,886 USD and a liquidation price of 105,861 USD, the account records an unrealized profit of 2.36 million USD thanks to accurate market trend forecasting.
By controlling position size and applying reasonable leverage, we have helped this account stabilize profits despite significant volatility in the cryptocurrency market.
Representative of Ember Analytics, July 2024 report
This strategy minimizes risks while optimizing profits, demonstrating deep capital management capabilities in high-leverage trading.
Example of the impact of maintaining a position below 400 million USD
Before the change, positions over 400 million USD led to total losses of 34.18 million USD in 4 consecutive trades in June 2024. After adjustments, an unrealized profit of nearly 3 million USD in the new order shows a significant improvement in risk management effectiveness.
What contributes to the credibility of Ember's data on cryptocurrency whale activity?
Ember is a reputable cryptocurrency market surveillance organization with an accurate shark trading monitoring system, frequently trusted by experts and major investors. Ember's reports are used as a basis for in-depth analysis in many specialized publications on cryptocurrency.
"On-chain data from Ember is a crucial source of information that helps cryptocurrency investors improve the quality of their decisions and manage their portfolios effectively."
Director of Blockchain Research, International Cryptocurrency Council, 2023
Frequently Asked Questions
How has @AguilaTrades changed its trading strategy in 2024? They maintain a position below 400 million USD and prioritize adjusting orders to reduce losses and maximize profits. What has helped @AguilaTrades' account recover profits recently? The application of a 20x leverage strategy and choosing the right timing to open orders based on trend analysis. Why is position management important for cryptocurrency whales? Because maintaining a reasonable position helps control risks and avoid significant losses due to price volatility. What value does Ember's data have in the cryptocurrency market? Ember provides accurate On-chain data, helping analyze whale activity and cryptocurrency market trends. How does @AguilaTrades' current BTC position affect it? About 243 million USD in leveraged long BTC positions helps this account record strong unrealized profits.
Source: https://tintucbitcoin.com/bitcoin-phuc-hoi-gia-thanh-ly-lon/
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