AguilaTrades Expands Short Position in BTC to $10.16M Amid Ongoing Increase

AguilaTrades has strategically expanded its short position in Bitcoin (BTC), with the total exposure now amounting to $10.16 million. This move reflects a calculated approach amid current market dynamics, signaling a cautious stance on BTC’s near-term price trajectory. The ongoing accumulation of short positions underscores the firm’s commitment to risk management and capitalizing on potential downward momentum. Investors and market analysts should monitor this development closely, as it may influence broader market sentiment and trading strategies within the cryptocurrency sector.

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Source: https://en.coinotag.com/breakingnews/aguilatrades-expands-short-position-in-btc-to-10-16m-amid-ongoing-increase/