Add as a preferred source on GoogleAguilaTrades Closes 500-Bitcoin Short for About $1.3 Million
The trader entered at $71,697 and covered at $69,081. AguilaTrades also placed buy orders for 200 Bitcoin (BTC) between $61,000 and $66,000, with a stated value of $12.7 million.
AguilaTrades closed a short position covering 500 Bitcoin (BTC) on Nov. 13 after BTC fell from a $71,697 entry price to $69,081, generating about $1.3 million in profit.
The price difference was $2,616 per bitcoin. The $2,616 price decline across 500 BTC equates to about $1.3 million. The short was opened with a value of $35.85 million.
AguilaTrades also placed buy orders for 200 BTC across a range of $61,000 to $66,000. The orders had a stated total value of $12.7 million.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.