AguilaTrades Nets $2.45M ETH & $80K BTC Short Profits
On July 20, on-chain data show AguilaTrades opened a 15x leveraged Ethereum short worth $212 million at $3,586.79, with a liquidation price of $3,772.70, generating $2.45 million in unrealized profit. Simultaneously, AguilaTrades maintains a 20x leveraged Bitcoin short of $141 million at $117,807.30, liquidating at $129,630, with $80,000 in floating gains. These substantial ETH and BTC short positions underscore a bearish market sentiment among institutional traders. Tracking AguilaTrades’ leveraged trading provides insights into liquidity flows, potential crypto price corrections and advanced risk management strategies for traders.
Bearish
The news of $212M ETH and $141M BTC short positions by AguilaTrades signals strong bearish sentiment. Such large-scale leveraged trading can increase downward pressure on prices in the short term as traders hedge or exit long positions. In the long run, continued institutional hedging may amplify volatility and could trigger further sell-offs if prices approach liquidation levels, reinforcing a bearish outlook.