{"id":47862,"date":"2026-10-09T13:20:20","date_gmt":"2026-10-09T13:20:20","guid":{"rendered":"https:\/\/financialrush.com\/?p=47862"},"modified":"2026-10-09T13:20:20","modified_gmt":"2026-10-09T13:20:20","slug":"one-whale-lost-nearly-70m-in-eth-another-got-wrecked-long-and-short","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=47862","title":{"rendered":"One Whale Lost Nearly $70M in ETH \u2013 Another Got Wrecked Long and Short"},"content":{"rendered":"<p> \n<br \/><\/p>\n<p>Bitcoin tanked from $87,000 to under $81,000 in just a few days and dragged almost all altcoins with it. As typically happens, those with over-leveraged positions got the worst of it, as the excessive open interest was attributed to the quick price moves.<\/p>\n<p>Lookonchain highlighted several large positions caught in the volatility, including an Ethereum whale that lost almost $70 million and AguilaTrades, whose trading return ended with losses on both sides.<\/p>\n<h2 id=\"70m-eth-position-wrecked\">$70M ETH Position Wrecked<\/h2>\n<p>Let&#8217;s begin with the biggest whale caught in the net of the market crash. An anonymous trader with a massive long position of 28,716 ETH was wiped out during the crash, with the greenback equivalent of $69.69 million. What&#8217;s even more impressive is that the whale has not abandoned the bullish bet.<\/p>\n<p><a href=\"https:\/\/x.com\/lookonchain\/status\/2108355025059852432\">According<\/a> to the on-chain resource, the trader subsequently opened another ETH long and now holds 78,955 ETH (worth over $195 million) in a fresh leveraged position. The new liquidation levels sit at just under $2,300. It&#8217;s worth noting that the altcoin tanked from over $2,700 to $2,400 before it rebounded by around a grand and now sits at around $2,500.<\/p>\n<p>Machi (Machi Big Brother) has <a href=\"https:\/\/x.com\/lookonchain\/status\/2108381638543786483\">lost<\/a> $8.44 million over the past week, pushing his account value to under $1 million. As of press time, he still holds a 9,950 ETH long position worth over $24.6 million, with the liquidation price sitting at $2,431.<\/p>\n<h2 id=\"aguilatrades-unsuccessful-return\">AguilaTrades&#8217; Unsuccessful Return<\/h2>\n<p>Lookonchain further updated on the return of AguilaTrades. After more than six months on the sidelines, the trader opened a BTC long. However, he was caught by the <a href=\"https:\/\/cryptopotato.com\/6-reasons-bitcoin-crashed-by-7k-in-3-days-bull-market-over-or-regular-correction\/\">market crash<\/a> as well and closed the position at a $331,000 loss. He changed his mind and opened a 40x short on 200 BTC worth roughly $16.35 million.<\/p>\n<p>The market, though, flipped the script. Shortly after he turned bearish, the short position was <a href=\"https:\/\/x.com\/lookonchain\/status\/2108486203783983141\">wrecked<\/a>, leaving him caught on the wrong side of both market moves. The latest update from the analytics resource indicated that his total losses for the day stand at $545,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">AguilaTrades(@AguilaTrades) returned to trading after more than 6 months of inactivity, only to get liquidated and lose $545K in just one day.<\/p>\n<p>Poor guy!<br \/>\nhttps:\/\/t.co\/2FywxlntZA https:\/\/t.co\/j10B3v7brK<\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/x.com\/lookonchain\/status\/2108532380457971720?ref_src=twsrc%5Etfw\">October 9, 2026<\/a><\/p>\n<\/blockquote>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/one-whale-lost-nearly-70m-in-eth-another-got-wrecked-long-and-short\/\">One Whale Lost Nearly $70M in ETH &#8211; Another Got Wrecked Long and Short<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/one-whale-lost-nearly-70m-in-eth-another-got-wrecked-long-and-short\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin tanked from $87,000 to under $81,000 in just a few days and dragged almost all altcoins with&hellip;\n","protected":false},"author":2,"featured_media":47863,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-47862","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/47862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47862"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/47862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/47863"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}