Follow the money, not the talk:
“After six months of silence, AguilaTrades goes long on BTC with 40x leverage, having racked up cumulative losses of $37.64 million.”
After this news came out, I asked just three questions about money:
1. Which way are aggressive buyers and sellers leaning?
2. Can trading volume at $BTC (24h: $1.527 billion) expand significantly?
3. Are there any unusual transfers to exchanges on-chain?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s mostly just an emotional swing.
The same news can be interpreted very differently by people with different time horizons.
#BTC
For reference only. You are responsible for your own profits and losses.
“After six months of silence, AguilaTrades goes long on BTC with 40x leverage, having racked up cumulative losses of $37.64 million.”
After this news came out, I asked just three questions about money:
1. Which way are aggressive buyers and sellers leaning?
2. Can trading volume at $BTC (24h: $1.527 billion) expand significantly?
3. Are there any unusual transfers to exchanges on-chain?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s mostly just an emotional swing.
The same news can be interpreted very differently by people with different time horizons.
#BTC
For reference only. You are responsible for your own profits and losses.