"Maji" reduced his ETH long positions by 25 times to take profits, and currently has a floating profit of $405,000.
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TL;DR
Maji reduced his ETH long position by 25x to secure profits, now holding 8,000 ETH with $405,000 in unrealized gains and a liquidation price of $2,865.24. He also opened a 10x long position in HYPE.
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EthereumLayer 1HyperliquidSmart ContractsDerivativesMajiETHprofit takinglong positionHYPE
[“Maji” Reduces ETH Long Position by 25x to Take Profit, Currently Holding $405,000 in Unrealized Gains] According to Mars Finance, on January 2nd, HyperInsight monitoring showed that “Machi Big Brother” Huang Licheng reduced his ETH long position by 25x to take profits, currently holding 8,000 ETH ($24.24 million), with an unrealized gain of $405,000. The liquidation price was $2,865.24. In addition, “Maji” added a 10x long in HYPE, currently holding 11,888.88 HYPE ($290,000), with an opening price of $24.69.