One of the prominent traders in the cryptocurrency market, AguilaTrades, made headlines by closing massive Ethereum (ETH) positions, incurring over 27 million dollars in total losses.
Known especially for his high-risk trades, AguilaTrades recently closed a huge short position on Ethereum, resulting in losses exceeding 8 million dollars, and suddenly reversed his position to go long. This move was met with surprise in the market, highlighting once again how volatile his trades are.
In recent days, AguilaTrades had accumulated total losses exceeding 35 million dollars, but briefly managed to achieve over 3 million dollars in profit. However, this success did not last long, and the trader faced severe losses again, ending up with over 27 million dollars in total losses. This incredible volatility on the Hyperliquid platform once again exposed the risks in the market.