AguilaTrades recently executed long-term ETH trades and short-term BTC trades with significant profits and losses in just a few hours. Currently, he is holding a short position of 5,000 ETH with a 15x leverage along with a limit sell order for 10,000 ETH in the price range of 4,740-4,840 USD.
Meanwhile, Huang Licheng executed a short order of 1,100 ETH with a 25x leverage, valued at approximately 5.16 million USD, reflecting the recent trend of high leveraged trading in the cryptocurrency market.
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AguilaTrades earned 250,000 USD in a long ETH and short BTC transaction in 2 hours.
Currently, AguilaTrades has opened a short position of 5,000 ETH with a 15x leverage at a price of 4,684.59 USD.
Huang Licheng shorted 1,100 ETH with a 25x leverage, equivalent to 5.16 million USD.
How did AguilaTrades trade to earn 250,000 USD in just 2 hours?
AguilaTrades started the trading day with a long position in ETH and a short position in BTC, generating quick profits of 250,000 USD in just 2 hours. This combination optimizes volatility opportunities between the two major coins.
Previously, he switched to holding a long position in ETH but experienced losses of up to 107,000 USD, indicating significant risks when applying high leverage and strong volatility in the cryptocurrency market.
What is AguilaTrades' current position in the ETH market?
Currently, AguilaTrades is holding a short order of 5,000 ETH with a 15x leverage, with an opening price at 4,684.59 USD, while placing a limit sell order for 10,000 ETH in the price range of 4,740-4,840 USD. This strategy reflects a plan to profit within the recently volatile price range.
Using high leverage allows traders to amplify profits but also increases the risk of losses if the market moves against expected trends. Implementing limit orders is expected to manage risks and secure reasonable profits.
Quick profits in such a short time reflect position management skills and responsiveness to cryptocurrency market volatility.
Cryptocurrency market analyst, 2024
How did Huang Licheng execute the short ETH transaction and what was the impact?
Huang Licheng executed a short order of 1,100 ETH with a 25x leverage, with an order value of approximately 5.16 million USD. This is a large leveraged transaction, reflecting a trend of speculative investment and expectations of a decrease in ETH in the short term.
Such high leverage increases liquidation pressure if the market unexpectedly rises, while also indicating a cautious sentiment as cryptocurrency players shift between long and short positions to seek optimal profits.
High leverage transactions need to come with a strict risk management strategy to protect assets in the harsh volatility of the cryptocurrency market.
Cryptocurrency financial expert, 2024
Frequently Asked Questions
How quickly does AguilaTrades achieve profits?
AguilaTrades earned 250,000 USD within 2 hours by opening a long position in ETH and a short position in BTC with reasonable leverage.
How do 15x and 25x leverage affect ETH trading?
Leverage helps increase profits but also raises the risk of losses and high liquidation pressure if the market moves against predictions.
What is the target of AguilaTrades' short position of 5,000 ETH?
This short position aims to take advantage of the expected price decline of ETH and secure profits through a limit sell order for 10,000 ETH.
How should players manage risks when trading with high leverage?
It is necessary to use limit orders, reasonable stop-losses, and closely monitor the market to avoid significant losses in case of adverse volatility.
Source: https://tintucbitcoin.com/eth-mo-ban-15x-5-000-eth/
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