AguilaTrades’ Long BTC Position Yields $41.7 Million in Unrealized Gains

Odaily Planet Daily News: According to on-chain analyst Ember (@EmberCN), @AguilaTrades, who previously suffered multiple heavy losses from large positions, has recently taken a long position on BTC in the right direction and is now seeing significant unrealized gains. As of now, the BTC long position opened since July 3 has an unrealized profit of $41.7 million, successfully offsetting previous cumulative losses of $34.18 million, resulting in a net profit of $7.17 million.
Currently, they hold a long position of 3,000 BTC with 20x leverage, with a position value of approximately $369 million. The average entry price is $109,000, and the liquidation price is $108,680.