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Crypto Express

06/16 00:40

Bitcoin’s tug of war

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Bitcoin’s tug of war: Whale bets $200M as shorts stack to $1B – What next?
Aguila Trades, the top trader on an exchange with profits over the past year, moved to Hyperliquid, and now he’s back to long BTC with 20x leverage.
Based on the MVRV Pricing Bands, if BTC breaks below the $102,044 support, it could retrace to the mean around $82,570.
Whales continue to embrace Bitcoin [BTC] with the latest being Aguila Trades, who leads  top 500 traders.

With a 365-day Profit & loss (P&L) of $77.36 million, 36.45% ROI, and 187 winning days, this whale’s track record speaks for itself.
But after incurring a $12.47 million loss on an earlier BTC long, his next move is even bolder—and riskier

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