ChainCatcher message, according to HyperInsight monitoring, as the crypto market declines, Maji has reduced its long positions in ETH by 1,800 ETH in the past hour. Its 25x long position in ETH has decreased to 500 ETH, approximately $8.69 million, with a liquidation price of $1,886.59. The account now has only $43,000 remaining, with cumulative losses reaching $25.9 million.
Majic Reduces 1,800 ETH Long Position, Liquidation Price Drops to $1,886.59
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Summary
Majic cut 1,800 ETH long positions in one hour as ETH price dropped. According to HyperInsight, the trader’s 25x ETH long position has fallen to 500 ETH, valued at $869,000. ETH analysis shows a liquidation price of $1,886.59. The account now holds $43,000, with total losses reaching $25.9 million.
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