BlockBeats news, on July 20, according to Lookonchain monitoring, trader AguilaTrades closed a short position of 6,832 ETH (about $25.15 million) and 1,134 BTC (about $134 million) an hour ago, incurring a loss of $1.1 million.

He still holds a short position of 50,000 ETH (with a nominal value of about $186 million), currently facing an unrealized loss of over $7 million.