According to BlockBeats news on August 14, an on-chain analyst named Yu Jin monitored that a drop 20 minutes ago resulted in the liquidation of AguilaTrades' 21,000 ETH long position, incurring a loss of 4.68 million USD.

Subsequently, AguilaTrades continued to open a long position of 10 million USD in ETH at 4,565 USD with the remaining 330,000 USD funds after being liquidated at the address.