AguilaTrades has initiated a $100 million short position after previously closing a long position, indicating a shift in market strategy amid volatility.
On June 23, on-chain analyst reported that whale AguilaTrades initiated a $100 million short position with 1,000.82 BTC at a price of $99,616.6, following a previous profit of $112,000 from a short trade. This move follows a $15.45 million loss from a long position, reflecting the trader's adaptive strategy in response to market conditions.