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The fall in ETH price puts AguilaTrades' long positions at risk of liquidation.
Gate news bot news, ETH price falls below $3,700, putting AguilaTrades' trading positions in jeopardy. After switching from short positions on ETH to long positions, AguilaTrades is currently facing nearly $3 million in losses. The liquidation price for the position is $3,654.77.
According to Lookonchain data, AguilaTrades previously closed their ETH short positions with losses exceeding $8 million, then turned to long positions. The trader's performance on Hyperliquid experienced dramatic fluctuations, swinging from losses of over $35 million to profits of over $3 million, and then back to losses of over $27 million.