Whale AguilaTrades Secures Profits Amid Market Surge

According to PANews, on August 9, blockchain analyst Yu Jin reported that the major investor AguilaTrades is currently closing positions to secure profits, with gains of approximately $11.4 million. Two days ago, AguilaTrades opened long positions in Bitcoin (BTC) and Ethereum (ETH). Shortly after, the cryptocurrency market experienced a surge following the signing of an executive order by U.S. President Donald Trump. AguilaTrades employed a strategy of rolling over floating profits, eventually reaching a position size of $250 million by yesterday. Following a significant rise in ETH today, the investor began closing positions in the afternoon to lock in profits. Most positions have been closed, with some BTC positions still in the process of being settled, expected to be completed within two hours.