On August 11, as Ethereum surged past $4,300 following US market open, major trading entity AguilaTrades faced a significant liquidation event on its short position. According to chain analytics provided by Ai Yi (@ai_9684xtpa), the firm’s bearish bet of 26,187 ETH was forced to close position in what can only be described as a rapid unwinding.
The sequence of events unfolded swiftly: the margin call triggered almost immediately upon the price movement, and within approximately 12 minutes, the entire short position had been exited. This rushed closed position realized losses totaling $1.866 million—a stark reminder of the risks inherent in leveraged directional bets during volatile market conditions.
What makes this incident noteworthy isn’t just the dollar amount, but the speed at which it played out. The rapid price recovery in Ethereum caught the position underwater, forcing the trader to liquidate at unfavorable prices. This type of cascade event underscores how quickly fortunes can shift in derivative markets when momentum turns against established positions.
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AguilaTrades' Massive 26,187 ETH Short Position Liquidated in Under 15 Minutes Following Ethereum Rally, Resulting in $1.866M Losses
On August 11, as Ethereum surged past $4,300 following US market open, major trading entity AguilaTrades faced a significant liquidation event on its short position. According to chain analytics provided by Ai Yi (@ai_9684xtpa), the firm’s bearish bet of 26,187 ETH was forced to close position in what can only be described as a rapid unwinding.
The sequence of events unfolded swiftly: the margin call triggered almost immediately upon the price movement, and within approximately 12 minutes, the entire short position had been exited. This rushed closed position realized losses totaling $1.866 million—a stark reminder of the risks inherent in leveraged directional bets during volatile market conditions.
What makes this incident noteworthy isn’t just the dollar amount, but the speed at which it played out. The rapid price recovery in Ethereum caught the position underwater, forcing the trader to liquidate at unfavorable prices. This type of cascade event underscores how quickly fortunes can shift in derivative markets when momentum turns against established positions.