ETH Position Gone Wrong: AguilaTrades Faces 1.846M USD Losses After Rapid-Fire Trades

A trading account identified as AguilaTrades has become the center of attention following a catastrophic trading session that unfolded within just 8 hours. The sequence of events reveals a series of strategic miscalculations across multiple positions, ultimately resulting in significant financial damage.

According to market tracking data from Foresight News, the account executed six consecutive trades targeting both BTC and ETH during the early morning hours, with a concerning 0% success rate. This perfect losing streak accumulated damages totaling 1.846 million USD. The trader alternated between bullish and bearish bets on major cryptocurrencies, but each directional call failed to materialize as anticipated.

What’s particularly noteworthy is the decision made immediately following this losing streak. Rather than stepping back to reassess strategy, the account initiated an aggressive 25x leveraged long position specifically in ETH. This newly opened position currently holds 21,050 ETH tokens, representing approximately 99.93 million USD in notional value at the opening price of 4,750.06 USD per token.

This maneuver raises immediate concerns about risk management protocols. After experiencing six consecutive losses, the account owner appears to have doubled down with extreme leverage, a classic pattern often associated with revenge trading—attempting to recover losses through increasingly aggressive positions. With ETH’s volatile nature and 25x leverage in play, even minor price fluctuations could trigger significant liquidation events, potentially amplifying the existing losses.

The situation serves as a cautionary tale about the dangers of high-leverage trading during unfavorable market conditions, particularly when emotional factors may be overriding rational decision-making after a streak of losses.