PANews reported on June 15 that according to on-chain analyst Yu Jin’s monitoring, trader AguilaTrades went long on BTC again this morning and has now opened a long position of BTC worth $200 million. His positions are: 20x leveraged long orders, 1,894 BTC, positions worth about $200 million, opening price of $104,976, liquidation price of $97,265, and current floating profit of about $910,000. The trader opened a long position of BTC on June 9 and closed it on June 13, with a loss of $12.48 million.

Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors. Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more

