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According to market observations, a giant Ethereum trader code-named AguilaTrades has once again attracted attention in the crypto world. This trader has recently significantly increased their short positions on Ethereum, expanding from the original 110 million USD to 130 million USD. This move occurred early yesterday morning, demonstrating the trader's strong judgment on market direction.
It is worth noting that AguilaTrades has set the opening position price at $4274, while its potential liquidation price is $4383. This aggressive move seems to suggest that the trader is ready to confront the market leaders directly. However, looking back at the trader's historical performance, the previous two similar operations both ended in losses.
The current situation is quite dramatic: AguilaTrades was originally in a profitable state, yet chose to maintain its position instead of taking profits. This decision exposes it to potential huge risks. If the market trend does not go as expected, the trader may have to face the dilemma of cutting losses and exiting.
This event has sparked widespread discussions among market participants about the strategies of large traders and their impact on the market. At the same time, it highlights the high volatility and risks of the crypto assets market, reminding investors to remain cautious and rational when trading.