According to on-chain analyst Aunt Ai (@ai_9684xtpa), during last night’s sharp ETH price drop, "Majie Dage" sold a total of 20,500 ETH, incurring cumulative losses of $3.413 million. However, he added to his position twice during the early morning rebound, bringing his current holdings to 9,825 ETH (approximately $24.33 million), with an unrealized loss of $845,000. His liquidation price is $2,430.27, just about 2% below the current price, indicating an extremely high risk of liquidation.
"Big Brother Maji" opens a 9,825 ETH long position following liquidation, with a floating loss of $845,000.
TechFlowShare
Summary
According to TechFlow, chain analyst Ai Auntie tracked that after the ETH price drop, "Big Brother Maji" reduced his position by 20,500 ETH, incurring a total loss of $3.413 million. He then added to his position during the early rebound. His current holding is 9,825 ETH (approximately $24.33 million), with a floating loss of $845,000. The liquidation price is $2,430.27, leaving only a 2% buffer. This underscores the importance of a robust stop-loss strategy in position trading.
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