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AguilaTrades Opens $128M ETH Short at 15x Leverage

AguilaTrades takes a massive $128M short on Ethereum with 15x leverage, targeting a $4,383.66 liquidation level.

  • AguilaTrades shorts 30,001 ETH worth $128.45M
  • Position uses high-risk 15x leverage
  • Liquidation set at $4,383.66 per ETH

Crypto trader AguilaTrades has once again taken a bold stance against Ethereum, opening a massive short position worth $128.45 million. The trade involves 30,001 ETH and is executed with 15x leverage, a move that amplifies both potential gains and risks.

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This is not the first time AguilaTrades has placed aggressive bets on ETH’s price movement, but the size of this position makes it one of the largest on record for the trader. High-leverage trading like this can lead to significant profits if the market moves in the expected direction, but can also cause rapid liquidation if it turns the other way.

Understanding the Liquidation Risk

The liquidation price for this position is set at $4,383.66. If Ethereum’s market price reaches this level, the entire position could be automatically closed by the exchange, resulting in a full loss of margin.

At current market conditions, ETH would need a substantial upward move to trigger this liquidation, but the crypto market’s volatility means sudden price swings are always a possibility. Traders watching this position will be paying close attention to any market catalysts that could push ETH higher or lower.

What This Means for the Market

Large leveraged positions like this often attract attention from the trading community, as they can create short-term volatility. If AguilaTrades’ short thesis plays out and ETH prices drop, it could trigger further selling pressure. On the other hand, a sharp rally toward the liquidation point could lead to a short squeeze, amplifying upward momentum.

For retail traders, this position is a reminder of the high-risk nature of leveraged trading. While the potential rewards are significant, so are the risks, especially in a market as unpredictable as cryptocurrency.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Ava Nakamura

Ava Nakamura is a seasoned crypto journalist and blockchain enthusiast who has been covering digital assets since 2017. With a sharp eye for market trends and a passion for decentralization, Ava breaks down complex crypto topics into engaging stories. She covers Bitcoin, altcoins, DeFi, and everything in between — aiming to empower readers through knowledge.

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