CoinVoice has learned that according to on-chain analyst Yu Jin's monitoring, trader AguilaTrades started shorting ETH with 25x leverage on August 10, planning to complete a short sale of 10,000 ETH (worth 42 million USD) within 3 hours through a TWAP order.

The trader had just closed long positions in BTC and ETH the previous trading day, realizing a profit of 11.3 million USD. [Original link]