According to @lookonchain, AguilaTrades quickly closed a short position of 26,187 ETH worth about $112.35 million, realizing a $1.86 million loss within 10 minutes, source: @lookonchain on X, Aug 11, 2025. The report highlights a rapid unwind of a large ETH short position in a very short window, signaling significant position adjustment activity during that period, source: @lookonchain on X, Aug 11, 2025.