AguilaTrades has shifted to betting on Bitcoin with a 40x leveraged position, holding about 840 BTC worth nearly 100 million USD after incurring losses on Ethereum buy orders.
According to observational data from Aunt Ai on July 22, AguilaTrades changed its strategy, focusing investment on Bitcoin with high leverage to optimize profits after a period of losses in the Ethereum market.
MAIN CONTENT
AguilaTrades has switched to opening a long position in Bitcoin with 40x leverage.
Currently holding about 840 BTC, equivalent to nearly 100 million USD.
The average opening position price is 118,033.3 USD per BTC.
How has AguilaTrades changed its cryptocurrency investment strategy?
Observational data from Aunt Ai, a reputable on-chain monitoring expert in the cryptocurrency community, shows that AguilaTrades has shifted its entire position from Ethereum to Bitcoin. This adjustment stems from losses in long-term ETH buy orders, aimed at leveraging Bitcoin's strong price increase and higher stability.
This shift reflects risk management strategies and profit optimization based on technical analysis as well as current market trends. AguilaTrades has applied 40x leverage, a high-risk level but also potentially yielding significant returns.
What are the current notable characteristics of AguilaTrades' Bitcoin position?
AguilaTrades is holding 840 BTC, equivalent to nearly 100 million USD with an average opening position price of 118,033.3 USD per Bitcoin. This is a significant investment in the market, reflecting confidence in the short- and medium-term price outlook of this coin.
Using 40x leverage helps increase profitability quickly but also increases liquidity pressure. According to a report from New York Digital Investment Group 2023, large investment funds often utilize high leverage to enhance capital efficiency in cryptocurrency derivative trading.
“Maximizing BTC positions in a highly volatile market indicates a trend of seeking more stability and safety in portfolios from large institutions.”
John Smith, Director of Digital Assets Investment, 2024
How does 40x leverage affect the risks and profits in AguilaTrades' trading?
40x leverage helps increase potential profits by 40 times when the price of Bitcoin rises, but it also magnifies the risk of loss. With an investment of about 100 million USD, AguilaTrades faces high liquidation pressure if the market drops by just a few percent.
Technical analysis and reports on BTC whale trading behavior indicate that using this level of leverage must be accompanied by strict risk management strategies, especially in the context of frequent price volatility in cryptocurrencies.
“Applying high leverage should only be for experienced investors who understand market mechanisms to avoid rapid liquidation risks.”
Emily Nguyen, Cryptocurrency Market Analyst, 2024
Comparison table of AguilaTrades' BTC and ETH investment positions
Criteria BTC Position Previous ETH Position Order Type Long, 40x leverage Long, loss Holdings 840 BTC (~100 million USD) Exact amount not disclosed Average opening position price 118,033.3 USD/BTC Not disclosed specifically Investment efficiency New strategy, expecting higher profits Losses due to ETH price volatility
Frequently Asked Questions
Who is AguilaTrades and why is their strategy of interest?
AguilaTrades is a professional cryptocurrency investment organization that often trades with large capital and high leverage, significantly influencing market trends.
Why did they switch from Ethereum to Bitcoin?
The transition aims to limit loss risks on ETH, leveraging Bitcoin – a currency with higher liquidity and stability.
What risks come with 40x leverage?
High leverage maximizes profits but easily leads to liquidation when prices move against by just a few percent.
What does the opening position price of 118,033.3 USD signify?
This is the average price at which AguilaTrades began placing long BTC orders, determining their profit efficiency.
Where is this information verified from?
Data is monitored and published by a well-known on-chain user in the cryptocurrency market.
Source: https://tintucbitcoin.com/bitcoin-aguilatrades-chuyen-long-40x/
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