Golden Finance reports that the resurgence of large-scale leveraged trading in the cryptocurrency market has drawn attention. According to the on-chain analysis platform Lookonchain, the identity of the previously highly publicized mysterious whale address 0x1f25 has now been confirmed as X (formerly Twitter) user @AguilaTrades. In the past four days, Aguila Trades has demonstrated astonishing trading boldness, transferring 29.85 million USDC from the Bybit trading platform to Hyperliquid and going long on BTC with a leverage of 20 times.
However, the market situation failed to meet the expectations of Aguila Trades. Data shows that as of now, its holdings have suffered a floating loss of more than 5.5 million US dollars. Facing an unfavorable situation, Aguila Trades did not choose to stop losses and exit the market. Instead, when the price of Bitcoin dropped again, it resolutely chose to increase its position and continue to go long, demonstrating its firm confidence in the subsequent trend of BTC.
Public information shows that Aguila Trades is quite influential in the field of cryptocurrency trading. It often shares trading viewpoints and strategies on the X platform, attracting the attention of a large number of cryptocurrency enthusiasts. This 20x leveraged long position on BTC has once again made it the focus of the market. In the cryptocurrency market, high-leverage trading has always combined risks and returns. A 20x leverage means that even the slightest price fluctuation will be magnified by 20 times, which may bring substantial returns or lead to huge losses. Aguila Trades chose to increase its position when it was in a floating loss state. Behind its decision, there might be a deep analysis of market trends, or it could be a bold bet based on past trading experience.
From the perspective of the market, the trading behavior of whales often has a certain impact on market sentiment. Aguila Trades has made a large-scale long move on BTC this time. Although it is currently in a floating loss state, some investors may be affected by it, reevaluate the investment value of BTC, and even choose to follow the trend. Its continuous increase in holdings has also injected confidence into the market to a certain extent, suggesting that it believes there is a possibility of a rebound or even a significant increase in the price of Bitcoin in the future. Subsequently, all market participants will closely monitor the profit and loss changes of Aguila Trades’ positions and whether its operations will prompt more investors to follow suit, thereby having a substantive impact on the price trend of BTC.
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