positive catalyst around AVAX heading to next week conference , we decided to run lev long position on it to see if we can capture any upside pump ahead of it

a strong execution for us at 81 exit, looking to re enter lower as BTC seems to be dragging AVAX with him

adding $EXC

farm is already making us $2.5k/36hrs so we'll be adding (+ potential price appreciation)

longed $AAVE at $162.9 . GN

Taking some profit here with 20%+ gain on that trade

Other trades approaching our initial target so we are keeping them open for now

We hope some people puts on our AVAX leverage long on

Another 10%+ trade

in addiiton to the LP rewards, ss staking $EXC is paying us $231.8/day on a relatively small deposit ($34.3k)

So why not size up then guys? Well because sizing a position is a tradeoff between conviction and level of risk. We ideally want high conviction, low risk trades (these are where you put $100k+). After a major market pump, and a relatively new protocol we choose to categorise this as high conviction but also medium risk.

added a little bit of ETH at $2906 on this liquidity grab lower

also bought a little more $AAVE to improve our average entry

Market either breaks bullish structure and goes to liquidate all those positions at $39k on $BTC or we bounce here and take out the shorters at $42k... don't see us hanging around this current level of $41k for too long in any case

#BTC Future liquidations