I noticed today that Jaguar (Jaguar ) continues to reduce its positions in Bitcoin. The animal known for its strong moves in the market appears to be taking its profits gradually. According to the tracking data, Jaguar currently holds about 11.89 Bitcoin worth approximately 928 thousand dollars with 20x leverage, and has an unrealized profit of 17 thousand dollars.

But the other side of Jaguar’s portfolio—the animal of losses—seems more painful. The animal holds about 11,366 Ether at an old average buy price, and now that Ether prices have collapsed, the unrealized loss has reached roughly 949 thousand dollars! This puts significant pressure on the portfolio.

Honestly, as a predator in the market, Jaguar knows when to cut losses. Reducing Bitcoin positions now could be a smart move before things get worse. The total of profits and unrealized losses is approaching one million dollars—this level of movement indicates that major players are seriously reviewing their strategies.