Crypto trader AguilaTrades has made a high-profile move in the Ethereum market, opening a substantial short position worth $15x leverage. This unprecedented bet has triggered speculation and analysis among crypto enthusiasts, highlighting the volatility of the market. The move comes after a successful short/long trade on Bitcoin which resulted in a profit before pivoting to a bearish outlook with the current strategy. 5,000 ETH at an average price of $4,684.59 is being leveraged for this short position, with additional limit sell orders strategically placed between $4,740 and $4,840. This high-risk approach reflects AguilaTrades’ conviction in Ethereum’s potential decline, amplifying both profits and losses. The influence of such a move on the market is significant as it can impact sentiment and trading behavior, offering valuable insights into the strategies of major players. 15x leverage makes this bet a double-edged sword – even small price fluctuations could result in substantial losses or gains.