The Ethereum whale @AguilaTrades has reopened a $400 million position with 20x leverage and currently has an unrealized profit of $33.32 million, demonstrating superior financial strength.
With a position worth $480 million on 4,000 BTC, an opening price of $111,713, and a liquidation price of $114,159, this whale maintains a high leverage ratio but has better safety cushions than before.
MAIN CONTENT
@AguilaTrades whale continues to open a large $400 million position on Bitcoin with 20x leverage.
The current position has an unrealized profit of $33.32 million and a higher safety cushion than previous times.
The opening price is $111,713, and the liquidation price is $114,159, indicating a serious risk management strategy.
Who is @AguilaTrades and why is their $400 million position noteworthy?
Information from Yujin on July 15 shows that @AguilaTrades is known for opening large-scale cryptocurrency positions. Although there have been multiple previous losses, this time the $400 million position has turned to an unrealized profit of $33.32 million, a sign of financial stability and a more effective strategy.
20x leverage on 4,000 BTC shows confidence in this whale's long-term trading strategy while presenting both challenges and opportunities in a volatile market.
The strategy of maintaining a huge position with high leverage but having a safety cushion reflects good risk management experience and the ability to respond to market volatility of this whale.
Yujin, Cryptocurrency Analyst, July 15, 2024
Details about the $400 million position: What are the leverage, opening price, and liquidation price?
The current position is valued at $480 million on 4,000 BTC with 20x leverage. The entry price is $111,713/BTC, lower than the liquidation price set at $114,159. The gap between the opening and liquidation prices forms a "safety cushion" to mitigate the risk of rapid liquidation.
The application of high leverage combined with strict risk management is a skill often seen in successful cryptocurrency whales in maintaining and increasing profits.
What does an unrealized profit of $33.32 million reflect about sentiment and trading strategy?
This is the first time this whale's $400 million position has an unrealized profit, after many previous losses. Unrealized profit reflects the ability to hold a long-term position and maintain short-term Bitcoin price momentum.
"Unrealized profit is an important measure of trading strategy effectiveness and steadfast sentiment, especially with large position sizes."
Mr. Nguyen Van Khoa, Cryptocurrency Market Analyst, 2024
Compare the @AguilaTrades position with other Bitcoin whale positions
Factors @AguilaTrades Average Bitcoin Whale Position Value $400 million $100 - $200 million Leverage used 20x 5x - 10x Unrealized profit $33.32 million Often negligible or losses Liquidation price safety cushion $2,446 (the difference between the liquidation price and the opening price) Lower or higher risk
Frequently asked questions
Is the $400 million position of @AguilaTrades risky? With 20x leverage and a high safety cushion, the liquidation risk is well managed but still carries potential due to strong market volatility. What is unrealized profit and how important is it? Unrealized profit is the unrealized gain in the market, helping to determine the financial strength and holding sentiment of whales. Why do whales use high leverage? Leverage helps increase potential profits on the initial investment, suitable for whales with significant resources and risk management experience. What is the liquidation price in leveraged trading? The liquidation price is the price level at which the position will be automatically closed to avoid losses exceeding the equity, protecting both the borrower and the trader. How do the opening price and liquidation price affect trading strategy? The gap between these two prices creates a safety cushion, allowing traders time to react when prices fluctuate, limiting early liquidation risks.
Source: https://tintucbitcoin.com/bitcoin-aguilatrades-loi-33-trieu-usd/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated on the latest news in the cryptocurrency market and not miss any important information!
