Ethereum Short Position Yields $1.5M Unrealized Profit for Trader AguilaTrades Amid Bitcoin Losses

On July 19, blockchain analytics revealed that the trader known as AguilaTrades maintained a significant Ethereum short position with an unrealized gain exceeding $1.5 million. Conversely, their Bitcoin short position reflected an unrealized loss of approximately $350,000. The Ethereum short was leveraged 15 times, with a notional value of $177.8 million, entered at a price of $3,586.79 and carrying a liquidation threshold at $3,837.40. Meanwhile, the Bitcoin short was leveraged 20 times, valued at $118.17 million, with an entry price of $117,807.30 and a liquidation price set at $132,410. These positions underscore the trader’s strategic exposure to market volatility, highlighting the risks and rewards inherent in leveraged crypto trading. This data offers valuable insight into current market sentiment and risk management practices among high-stakes crypto investors.