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Trader 'Maji Big Brother' Boosts ETH Long Positions to $9.65 Million

Trader 'Maji Big Brother' Boosts ETH Long Positions to $9.65 Million

On-chain data shows Maji Big Brother expanded Ethereum long holdings to $7.02 million, raising exposure with a liquidation price set near $2,954 amid volatile market conditions.

ETH

Summary

On-chain data from Hyperbot indicates trader Maji Big Brother increased their ETH long position to $7.02 million, with a liquidation threshold at $2,954. This move expands their leveraged exposure to Ethereum during a period of heightened price volatility.

Terms & Concepts
  • ETH long position: A trade betting that Ethereum's price will rise, often using leverage.
  • Liquidation price: The price at which a leveraged position is automatically closed to prevent further losses.