According to the monitoring of on-chain analyst Yu Jin, trader AguilaTrades closed his short positions for the third time in a row, closing most of the ETH short positions opened early this morning 20 minutes ago, and the remaining positions are also being slowly closed through TWAP.

In the past three days, AguilaTrades shorted ETH three times, and each time it stopped loss when the price was $50 higher than the opening price, resulting in a loss of $3.8 million.