BlockBeats News, August 14th. According to on-chain analyst Yu Jin, a sudden price drop 20 minutes ago caused AguilaTrades's long position of 21,000 ETH to be liquidated, resulting in a loss of 4.68 million USD.
Following this, AguilaTrades used the remaining 330,000 USD in the address after being liquidated to open a new long position of 10 million USD worth of ETH at 4,565 USD.