AguilaTrades Establishes Major Ethereum Short Position

Crypto trader and prominent figure, AguilaTrades, has taken a significant step in their trading strategy by initiating a leveraged short position on Ethereum. They have opened a position of 26,000 ETH at 15x leverage, impacting the market’s outlook for the cryptocurrency. This decision follows previous long positions being closed, resulting in a substantial profit of $11.3 million before opening this new short. Market analysts are closely watching AguilaTrades’ actions as they signal significant trading activity within the Ethereum ecosystem and could lead to shifts in liquidity.