According to @lookonchain, AguilaTrades placed a limit short order totaling 29,000 ETH between $4,200 and $4,240, worth approximately $122.4M notional; source: @lookonchain https://twitter.com/lookonchain/status/1954894988795650398. The clustered shorts create a concentrated sell-side liquidity band of 29,000 ETH in that price range, signaling active bearish positioning by AguilaTrades in the $4.2k-$4.24k zone; source: @lookonchain https://twitter.com/lookonchain/status/1954894988795650398. Lookonchain referenced Hypurrscan data for the related address to track these orders, providing on-chain transparency for the short placement; source: @lookonchain https://twitter.com/lookonchain/status/1954894988795650398 and hypurrscan.io.