AguilaTrades Stops Out ETH Short Position Again, Incurring $3.8 Million Loss After Three Consecutive Failed Top Shorts
BlockBeats News, August 12 — According to Ember monitoring, whale trader AguilaTrades has closed out short positions for the third consecutive time at a loss. Twenty minutes ago, they closed most of the ETH shorts opened earlier this morning, with the remaining positions being gradually closed via TWAP.
Over the past three days, AguilaTrades has attempted to "short the top" of ETH three times, each time stopping out after the price rose $50 above the entry price, resulting in a total loss of $3.8 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US inflation heats up, impacting the yen; Japan's Finance Minister again warns speculators: will not hesitate to intervene in exchange rates if necessary
Japanese Finance Minister Katsunobu Katayama has issued a warning to market speculators, stating that Japan is prepared to intervene in the foreign exchange market again if necessary.
Federal Reserve: Another vote for holding rates steady in October; Daly says there is enough time to make the right decision
Daly stated that the Federal Reserve may not need to raise interest rates this month. Although inflation has risen to 3.7%, the “risk is not realistic” and decisions can be made calmly.
Spot gold breaks through $4150/oz, rising 1.1% intraday.
Crypto prices
More
