AguilaTrades Stops Out ETH Short Position Again, Incurring $3.8 Million Loss After Three Consecutive Failed Top Shorts
BlockBeats News, August 12 — According to Ember monitoring, whale trader AguilaTrades has closed out short positions for the third consecutive time at a loss. Twenty minutes ago, they closed most of the ETH shorts opened earlier this morning, with the remaining positions being gradually closed via TWAP.
Over the past three days, AguilaTrades has attempted to "short the top" of ETH three times, each time stopping out after the price rose $50 above the entry price, resulting in a total loss of $3.8 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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