According to @lookonchain, AguilaTrades has closed its long Bitcoin (BTC) position and switched to a highly leveraged long Ethereum (ETH) trade, opening a $65 million position with 25x leverage. The liquidation price for this ETH position is $3,601.35, and the total profit and loss currently stands at negative $36.75 million. This aggressive shift from BTC to ETH, with significant leverage, provides a notable trading signal for market participants and may increase volatility and liquidity in ETH markets. Source: @lookonchain.

According to Lookonchain, top trader @JamesWynnReal has opened a massive long position on Ethereum (ETH) using 25x leverage, with a total size of 22,548 ETH (valued at $60.4 million) at an entry price of $2,666.31. Currently, the position is showing an unrealized profit of $270,000. This significant leveraged position highlights increased confidence among whales and could drive short-term volatility and liquidity in the ETH perpetual and spot markets. Traders should closely monitor ETH price levels around $2,666 and be aware of potential liquidations if price swings intensify (Source: Lookonchain via Twitter, May 23, 2025).