Ethereum News Today: AguilaTrades Launches 25x Leveraged 10,000 ETH TWAP Sell Worth $42 Million

AguilaTrades, a prominent figure in the cryptocurrency market, has significantly amplified a 25x leveraged short position on Ethereum, with the notional value reaching $83.7 million [2]. The position, established with an average entry price of $4,193, faces a liquidation threshold at $4,889, highlighting the high-risk nature of the trade [2]. This move marks a strategic shift from previously held leveraged long positions in both Ethereum and Bitcoin, which had yielded over $11.3 million in realized profits [1].

The trader executed a large-scale TWAP (Time-Weighted Average Price) sell order for 10,000 ETH on August 10, 2025, valued at approximately $42 million [1]. This order, expected to be executed over a 3-hour window, involves selling approximately 55.6 ETH per minute, using a method designed to minimize market impact and slippage. The initial margin for this trade is estimated at $1.68 million [1]. The execution of such a large position has already drawn attention from both retail and institutional traders, with immediate effects on ETH trading volumes and liquidity [1].

On-chain analyst Yu Jin noted that this leveraged short could exert downward pressure on Ethereum prices and potentially trigger broader implications for related cryptocurrencies and DeFi tokens [2]. The historical context of large leveraged trades suggests a possible correlation with price declines and increased market volatility. This position, therefore, is seen as a potential catalyst for short-term market adjustments.

The shift from long to short positions reflects the trader’s bearish stance on Ethereum’s near-term prospects and indicates a recalibration of risk exposure in the face of evolving macroeconomic and regulatory uncertainties [1]. The trader’s previous 40x leveraged long in Bitcoin and 25x long in Ethereum had shown significant unrealized gains [3], making this reversal a notable event in the leveraged trading space.

Market participants are advised to monitor Ethereum’s perpetual funding rates, spot-derivatives basis, and liquidation clusters during the execution window. Key price levels, such as support at $3,800 and resistance at $4,500, may become focal points as the trade unfolds [1]. The broader market may also see increased volatility, with potential implications for related assets and trading strategies.

This development underscores the growing influence of large traders in shaping crypto market sentiment and liquidity. As the TWAP execution continues, the market will closely watch for signs of short dominance, including negative funding rates on perpetual futures and rising liquidation activity. Traders are likely to reassess their positions, either hedging against potential downside or exploring relative value opportunities in ETH/BTC pairs [1].

Source:

[1] Blockchain.News - [https://blockchain.news/flashnews/eth-short-alert-aguilatrades-starts-25x-twap-sell-of-10-000-eth-42m-after-11-3m-profit-what-traders-should-monitor](https://blockchain.news/flashnews/eth-short-alert-aguilatrades-starts-25x-twap-sell-of-10-000-eth-42m-after-11-3m-profit-what-traders-should-monitor)

[2] Bitget - [https://www.bitget.com/news/detail/12560604904723](https://www.bitget.com/news/detail/12560604904723)

[3] Blockchain.News - [https://blockchain.news/flashnews/eth-hits-4-000-as-aguilatrades-40x-btc-and-25x-eth-longs-show-5-11m-unrealized-profit](https://blockchain.news/flashnews/eth-hits-4-000-as-aguilatrades-40x-btc-and-25x-eth-longs-show-5-11m-unrealized-profit)