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Add as a preferred source on GoogleAguilaTrades Trims 500 Bitcoin (BTC) From Leveraged Long, Realizes $752,700
The trader still holds 1,500 BTC at 40x leverage, with a position value of about $97.41 million and $1.94 million in unrealized profit.
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AguilaTrades cut 500 Bitcoin (BTC) from a leveraged long on Sunday, realizing $752,700 and lowering its exposure while keeping a 1,500-BTC long open at 40x leverage.
The remaining position is valued at about $97.41 million and carries $1.94 million in unrealized profit. The $752,700 gain was realized on the 500 BTC removed from the long; the other profit figure applies to the open position.
The reduction follows TokenPost's coverage of AguilaTrades' earlier 1,000-BTC Bitcoin long.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.