AguilaTrades’ 15x Leveraged ETH Short Faces Liquidation Risks Amid Market Volatility Near $4,258

Key Points

1. AguilaTrades has a 15x leveraged short position on Ethereum with a liquidation price of $4,383.66, posing significant risk if Ethereum's price drops.

2. The trader's current stake is 30,001 ETH worth $128.45 million, with liquidation risks increasing as Ethereum nears $4,258.

3. High leverage in crypto trading amplifies both potential gains and losses, making rapid liquidation a major concern.

4. AguilaTrades previously lost $1.86 million in under 10 minutes after closing a short position of 26,187 ETH ($112.35 million).

5. The trader's strategy involves a limit short order of 29,000 ETH between $4,200 and $4,240, timed amid emerging liquidation points in the ETH market.