AguilaTrades has closed its long positions in Bitcoin, securing a profit of $1.97 million, and has now opened a 20x leveraged short position. The firm currently holds 532.6 BTC, valued at approximately $56.91 million, with an opening price of $106,804.4 and a liquidation price set at $118,060. This strategic move comes as the company shifts its market stance, potentially anticipating a downturn in Bitcoin's price.