AguilaTrades Expands BTC Long to $318M at 20x Leverage
Trader AguilaTrades has increased a Bitcoin long position over two phases, initially placing a $250 million TWAP order for 2,000 BTC at an average entry of $104,746 and later adding more through multiple add-ons. The current position holds 3,003 BTC (notional value $318 million) at an entry price of $104,820, using 20x leverage with a liquidation price of $98,956. The trade now shows an unrealized profit of $3.95 million. Previously, when the trader’s exposure topped $400 million, Bitcoin retraced by over $4,000. This large leveraged BTC long underscores strong bullish conviction but carries elevated liquidation risk and may influence market sentiment and trading volumes.
Bullish
AguilaTrades’s substantial accumulation of over 3,000 BTC with a notional value of $318 million at 20x leverage signals strong bullish conviction and could drive upward price pressure. While the large position heightens liquidation risk—especially near the $98,956 mark—similar past moves have correlated with increased trading volumes and positive sentiment. In the short term, this aggressive long stance supports a bullish outlook; however, traders should monitor leverage levels closely to manage potential volatility.