Crypto trader AguilaTrades sustained a significant market setback as a 7,160 Ethereum (ETH) long position, leveraged at 15x, underwent partial liquidation totaling approximately $26.17 million.
The event marks a continuation of turbulent trading activity for the entity, which previously recovered from a $35 million loss only to face renewed market reversals. These recent fluctuations amplified AguilaTrades’ cumulative losses to $31 million.
The high-value liquidation underscores severe risks inherent in leveraged cryptocurrency trading, where volatile price movements can rapidly trigger margin calls and erode capital without protective mechanisms.