TechFlow news, August 9: According to monitoring by analyst Yujin, after suffering costly lessons of turning floating profits into losses through repeated position rolling, whale AguilaTrades is now taking profit and closing positions, with a total long profit of approximately $11.4 million. He opened long positions in BTC and ETH the afternoon before yesterday, and two hours later the crypto market surged following Trump's signing of an executive order. As he had done previously, he rolled his floating profits into larger positions, eventually increasing his position size to $250 million by yesterday. After today’s significant rise in ETH, he began taking profits and closing positions starting this afternoon. Most of his positions have already been closed, with some remaining BTC positions currently being liquidated, expected to be fully closed within two hours.
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