A key player is making waves in the cryptocurrency ocean! Trader Agilatredes has returned to Bitcoin with a massive long position at 20x leverage holding 1,894 BTC (worth about $200 million).
Key details:
- Entry price: $104,976
- Liquidation price: $97,265
- Current profit: ~$910,000
This bold move comes just days after incurring a loss of $12.48 million on a previous position that was closed on June 13. Talk about resilience!
Considering the recent price action, Bitcoin has shown strength, bouncing from its low of $104,308 to reach $105,678 in the past 24 hours. The price increase with moderate trading volume indicates positive momentum.
Does this whale feel a big explosion coming? With this high leverage, it is clear that Agilatredes is confident in Bitcoin's short-term prospects despite recent volatility.
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Disclaimer:
Do your own research, learn more, and trade responsibly.