Lookonchain has spotted cryptocurrency whale AguilaTrades reopening a significant short position on Ethereum (ETH). AguilaTrades, known for high-leverage plays on hyperliquid, has placed a 15x short bet valued at a staggering $130 million. The trader entered the short at a price of $4274 per ETH. With a liquidation price set at $4383, this high-leverage position indicates a strong conviction that ETH's price will decline in the near term. Such a large short position from a whale like AguilaTrades can potentially influence market sentiment and price action, so traders should monitor ETH closely. The market will be watching to see if this bearish prediction plays out. ```
Aguila Trades Reopens Massive ETH Short Position: $130 Million Bet
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ETH
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