AguilaTrades: Opens 40x BTC Long, Gains $1.8M
Lookonchain reports that trader AguilaTrades opened a 40x long on 1,000 BTC worth $64.4M thirty minutes ago and already holds $1.8M in unrealized profit after making $5.66M mostly from shorting BTC in the prior week.
SourceAnalysis
Lookonchain flagged that AguilaTrades entered a 40x long on 1,000 BTC valued at $64.4M and booked $1.8M in unrealized gains within thirty minutes.
The trader posted $5.66M in profits over the past week, primarily from short positions in BTC, before flipping long at the precise moment price stabilized near $64,400.
Technical Confluence
BTC trades at $64821.72 on the 4h chart inside the Bollinger Bands with the lower support at $63056.61 and upper resistance at $75351.75. The EMA50 at $71771.46 and EMA200 at $77456.33 define the bearish structure while RSI at 22.31 signals oversold conditions and MACD at -2336.41 confirms the death cross. Price testing the lower band amid extreme oversold momentum produced the exact bounce that allowed the leveraged long to capture immediate gains, with the next resistance confluence sitting at the EMA50 level before any sustained reversal attempt.
Lookonchain
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