AguilaTrades will increase its 20x Bitcoin long position to $262 million and has placed a TWAP order.

BlockBeats reported on June 15 that, according to EmberCN's monitoring, trader AguilaTrades, after opening a $200 million 20x leveraged long Bitcoin position this morning, has started to scale up further. He plans to increase the position to $262 million.

At 6 PM today, he initiated a TWAP (Time-Weighted Average Price) order to accumulate an additional 606 BTC over the next 8 hours. Seven hours later (at 2 AM), upon completion, his long Bitcoin position will reach 2,500 BTC, valued at $262 million.