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AguilaTrades Invests $4.6M in Hyperliquid to Trade Bitcoin and Ethereum

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by Giorgi Kostiuk

2 hours ago

Trader AguilaTrades has once again captured the attention of investors with his recent moves in the crypto market. He made a significant deposit of $4.6 million, opening long positions on Bitcoin and Ethereum.

Deposit on Hyperliquid

AguilaTrades deposited $4.6 million in USDC into the decentralized trading platform Hyperliquid. This step confirms his active trading strategy.

Large Positions on Bitcoin and Ethereum

AguilaTrades has opened a 40x long position on Bitcoin and a 25x long position on Ethereum. Such high stakes highlight his confidence in the price increase of these cryptocurrencies.

Implications for the Market

This move does not guarantee price changes but signals the market sentiment from a trader. When well-known investors like Aguila make bets, it can influence market dynamics and spark interest among other traders.

AguilaTrades’ actions underline his confidence in the future of Bitcoin and Ethereum. However, market participants should remain cautious, considering the risks associated with high leverage.

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