Maji Enters Swing Trading Mode, Rapidly Increases and Decreases Positions
On April 6, according to HyperInsight monitoring, after several liquidation events, 'Maji' has entered a swing trading mode and seems to be regaining its trading status. Following a recent surge in the market led by Bitcoin, 'Maji' reduced its positions to take profits on a large amount of ETH holdings. As Ethereum retraced to the $2150 range, it began to replenish its positions. As of the time of this report, it holds $17.81 million worth of 25x leveraged Ethereum long positions, with a liquidation price also falling to $2003.21. Notably, alongside the market's brief improvement, 'Maji' has accumulated unrealized profits of $440,000 over the past week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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