Two high-profile crypto traders have made aggressive moves in favor of Bitcoin, signaling growing confidence in the asset as it pushes above $108,000.
James Wynn, a well-known trader in the crypto space, has exited his short position and pivoted to a long strategy on Bitcoin, according to blockchain tracking service Lookonchain. The reversal suggests a strong shift in sentiment, especially amid rising market momentum.
Meanwhile, another trader operating under the alias “Aguila Trades” has dramatically increased their exposure. Aguila reportedly doubled down on their bullish stance, boosting their long position to 2,201 BTC—currently valued at around $238 million.
These large-scale maneuvers are publicly verifiable via the Hypurrscan blockchain explorer, which shows active long positions and wallet balances consistent with the disclosed figures.
The trading dashboards also highlight leverage strategies and timing of entries, underscoring that both investors are heavily committed to further BTC upside in the short term.
This renewed bullish activity comes as Bitcoin breaks through key psychological resistance, with the asset trading above $108,000 at the time of writing.
Key Points:
- James Wynn has closed his short and gone long on Bitcoin.
- Aguila Trades expanded their BTC long position to 2,201 BTC.
- Combined, the positions represent hundreds of millions of dollars in bullish bets.
- Onchain data confirms the trades via Hypurrscan addresses.
- The sentiment shift may reflect expectations of continued BTC strength in the near term.
With institutional-level players positioning aggressively, all eyes are now on whether Bitcoin can maintain its momentum and potentially test new highs in the days ahead.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/most-famous-bitcoin-whale-goes-long-on-bitcoin-after-price-breaks-108000/