Data: AguilaTrades increases its long BTC position and plans to raise it to $262 million

According to on-chain analyst Ember, trader AguilaTrades opened a $200 million long position in BTC earlier this morning and has since continued to increase his position, planning to raise it to $262 million. An hour and a half ago (at 6 PM), he placed a TWAP (Time-Weighted Average Price) order to add 606 BTC to his position over the next eight hours. After seven hours (by 2 AM), once the order is fully executed, his BTC long position will reach 2,500 BTC, valued at $262 million.