@LeMandaiEnthusiast‧ this is Macrognathus kris, not M. circumcinctus Labelled wrongly yet again, sad that it's always the fish that suffers this fate.
Macrognathus circumcinctus is a dainty little spiny eel, and is one of several species labelled as "Borneo Python Eel" when exported, including M. kris and some other species such as M. maculatus. Plus, M. circumcintus is not rare or new to the aquarium trade, I'm not sure about countries outside of Asia but they are a fairly cheap and commonly offered species at least within Asia.
Though I see this is a win actually, M. kris is a fairly new species (described as recently as 2020) and you are right in that these are relatively new to the aquarium trade.
@BucerosKeeper Thanks for the correction, I'm not great with anything related to fish so it's always great to have someone more well versed in the topic talk about it.