On July 22, Onchain Lens data revealed a significant partial liquidation of AguilaTrades’ ETH long position leveraged at 15x. The liquidation involved 7,160 ETH, corresponding to a substantial value of approximately $26.17 million. This event underscores the high-risk nature of leveraged trading within the cryptocurrency market. AguilaTrades had previously incurred a $35 million loss, which was subsequently recovered, but recent market movements have pushed the losses back up to $31 million. Such volatility highlights the critical importance of risk management strategies for traders operating with amplified exposure in the Ethereum ecosystem.