Lookonchain has pointed out in X that one of the great whales of Bitcoin (BTC), Eagle tradeshe has made a Great commitment to 200 million dollars after a loss of 12.47 million dollars in a previous long position.
Eagle Trade, who leads the traders group At 500 the bybithas offered results in the last 365 days of 77.36 million dollars with a ROI of 36.45% and 187 days with profits.
The new long position has a leverage of 20 times equivalent to 1.894 BTCS.
Roi’s daily data since mid -March shows good performance, although not without falling.
However, it is a very risky position that could generate great profits or great losses.
If we analyze the Coinglass heat graphic Shared by Ambcryptoshows a critical area Between 103,800 and 104,000 dollars. Here are approximately 700 million dollars of leverage in long positions.
If Bitcoin returns to this area, liquidations in cascade of long positions could be triggered, putting the eagle position at risk.
Bitcoin Open the week down at 105,600 dollars. 70 and 200 periods are kept below the price, RSI flat in the 50 points and the MacD lines above the zero level.
The medium -term support is found at 74,409 dollars. Meanwhile, IE indicators are mixed.
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