AguilaTrades' Massive 26,187 ETH Short Position Liquidated in Under 15 Minutes Following Ethereum Rally, Resulting in $1.866M Losses

robot
Abstract generation in progress

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.

ETH0,2%
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)