The Ethereum market has once again welcomed significant news. The well-known Whale trader AguilaTrades seems to have an obsession with Ethereum, and after suffering a $2 million loss on a short order yesterday, he took action again at 3:30 AM today. This investor opened a short order worth up to $110 million at a price of $4286, setting the liquidation price at $4444.



This bold move has attracted widespread attention in the market. AguilaTrades' operation not only involves a huge amount but also consists of continuous short orders in a short period, demonstrating its strong bearish sentiment towards Ethereum's price trend. However, such large-scale trading also entails significant risks, and a small mistake could lead to serious losses.

Market participants are closely monitoring the developments in this situation. Some analysts believe that such a large short order could exert certain pressure on Ethereum prices. On the other hand, there are also views that this may trigger a counterattack from the bulls, and could even lead to a new round of market games.

In the face of such a situation, investors are speculating: Can the market withstand this immense pressure? Will the bullish forces be able to successfully counterattack? Will AguilaTrades' strategy achieve the expected results? The answers to these questions will gradually be revealed in the upcoming market trends.

Regardless, this event once again highlights the high volatility and uncertainty of the cryptocurrency market. Investors need to maintain a clear mind, manage risks, and make cautious decisions when participating.
ETH-4.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
LiquidityWitchvip
· 08-14 17:59
Early in the morning, placing large orders again to test the thickness of long positions' faces.
View OriginalReply0
TrustlessMaximalistvip
· 08-11 22:48
Large orders long order charge, f*ck him!
View OriginalReply0
RektButSmilingvip
· 08-11 22:48
Another little genius of wealth code
View OriginalReply0
OnchainDetectivevip
· 08-11 22:45
He is a tough guy, if he can't do it, he keeps trying!
View OriginalReply0
RugpullSurvivorvip
· 08-11 22:44
The pump is coming.
View OriginalReply0
MEVHunterZhangvip
· 08-11 22:37
Another sucker is about to be sacrificed.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)