Prominent crypto trader AguilaTrades closed earlier long positions and opened a $42 million short on Ethereum (ETH) using 25x leverage, a move that has market participants closely watching for whale-driven volatility. BlockBeats News reports the trader pocketed roughly $11.30 million in profit from the closed longs before pivoting to the leveraged short, a shift that has rippled through derivatives market sentiment even as institutional flows appear largely unaffected.
On-chain trackers including Lookonchain flagged the notable profit-taking amid heightened price swings, underscoring how a single whale’s strategy can shift short-term dynamics for ETH and the broader derivatives complex. No official statements have been released by high-profile individuals or regulatory bodies regarding these trades.
At 10:37 UTC on August 10, 2025, CoinMarketCap data shows ETH trading at $4,198.03 with a market cap of $506.74 billion and a 24-hour volume of $42.37 billion. ETH has risen 64.18% over the past 90 days, highlighting the asset’s recent volatility and why large directional bets by whales draw strong market attention.
Research cited by Coincu notes historical patterns where whale liquidation events often precede short-term gains for major assets — Bitcoin has averaged around a 10% uptick in similar scenarios — suggesting AguilaTrades’ activity could feed into near-term price swings and stress points for DeFi protocols exposed to leveraged positions.
Traders and investors should monitor derivatives sentiment, on-chain whale flows, institutional positioning, and regulatory developments as professional sentiment continues to adjust in response to these concentrated moves.
DISCLAIMER: This report is general market commentary and not investment advice. Do your own research before investing.
