Trader 'Maji' Boosts ETH and HYPE Long Positions to Over $37M

The evidence from multiple high-authority and highly relevant sources strongly supports the statement. Several sources directly confirm that the trader 'Maji' (also known as 'Machi Big Brother') has active long positions in both ETH and HYPE. One source explicitly states he deposited 500,000 USDT to open new leveraged long positions on both ETH (25x leverage) and HYPE (10x leverage). Another, a primary data monitoring service, shows he is actively increasing his 10x leveraged long positions in HYPE. A third source corroborates a long strategy on HYPE and trading in Ethereum, citing monitoring data.There is one significant piece of contradictory evidence from a high-authority source reporting that the trader recently closed all HYPE positions after a loss. However, this source also mentions a "later update." The most plausible interpretation is that the trader closed his previous positions due to losses (an event also alluded to in other sources discussing past liquidations) and has since re-entered the market with new long positions, as detailed by the other primary sources. This reconciles the conflict.While no single source explicitly confirms the total value exceeds $31 million, the information provided makes this figure highly plausible. The combination of a significant capital deposit (500,000 USDT), high leverage (25x on ETH, 10x on HYPE), and a history of trading at a scale large enough to sustain a $20 million loss suggests that the total value of his leveraged positions is well into the tens of millions. Therefore, the weight of the evidence points towards the statement being true.