Data: AguilaTrades Closes ETH Short Position and Switches to Long, Incurring Losses Exceeding $8 Million
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According to ChainCatcher, on-chain analytics platform Lookonchain (@lookonchain) has monitored that AguilaTrades has fully closed its ETH short positions, incurring losses of over $8 million, and has subsequently switched to going long on ETH.
Previously, AguilaTrades experienced dramatic swings in profit and loss on Hyperliquid: after accumulating losses of more than $35 million, it managed to turn profitable with gains exceeding $3 million, but has now fallen back to a cumulative loss of over $27 million.
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