AguilaTrades nearly closed its 25x leveraged short ETH position early this morning, with a loss of $696,000.00.

On August 11, according to on-chain analyst Ai Yi (@ai_9684xtpa)'s monitoring, AguilaTrades has almost closed its $ETH 25x leveraged short position in the early hours of today, with a 24-hour loss of $696,000.00, and currently only $386,000.00 remaining in the position.

AguilaTrades previously profited over $11.30M from shorting ETH. In addition, five hours ago, he also withdrew 7,010,000.00 $USDC of margin from Hyperliquid and deposited it into Bybit, perhaps planning to conduct contract trading on Bybit.