On July 20, according to on-chain data, trader AguilaTrades holds over 2.45 million USD in unrealized profits from Ethereum short positions and over 80,000 USD from Bitcoin short positions. Their current position is as follows:
15x Ethereum short position (212,377,075.68 USD), opening price 3,586.79 USD, liquidation price 3,772.7 USD;
20x Bitcoin short position (141,353,340.35 USD), opening price 117,807.3 USD, liquidation price 129,630 USD. Will the short sellers become fuel for Ethereum's rise?