Hyperliquid Whale Switches to 15x ETH Long After $3.7M Short Loss
On the DEX Hyperliquid, whale trader AguilaTrades reversed course after three failed 15x ETH short positions that accumulated roughly $3.7 million in losses. The trader has now opened a new 15x leveraged long position of 10,000 ETH at an entry price of $4,318.12 with a liquidation price set at $3,851.90. This bold move underscores the volatility and high stakes of leveraged trading on decentralized exchanges. While such a leveraged long can amplify gains, it equally magnifies losses if prices move unfavorably. Traders should watch on-chain data for market signals, conduct independent research, and employ strict risk management strategies—such as stop-loss orders and prudent position sizing—before following whale activity.
Bullish
AguilaTrades’ decision to deploy a 15x leveraged long on 10,000 ETH after substantial short losses signals strong bullish conviction in Ethereum’s near-term price. Historically, large whale long positions often spur momentum as other traders adjust or follow suit, driving buying pressure. Although the high leverage increases liquidation risk and may heighten volatility around the $3,851.90 threshold, the sheer scale of this bet typically feeds positive market sentiment. In both short-term and medium-term horizons, this move is likely to reinforce a bullish bias toward ETH, provided no major adverse catalysts emerge.