Data shows that "Mommy" continued to add to his long positions in ETH and HYPE during the decline, bringing his total holdings to $25.2 million.
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TL;DR
Despite market downturn, 'Maji' increased long positions in ETH and HYPE, raising total holdings to $25.2 million, but now faces unrealized losses due to sharp price drops.
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EthereumLayer 1HyperliquidSmart ContractsDeFiMajiETHHYPElong positionsmarket downturn
According to ChainCatcher, HyperInsight monitoring indicates that "Maji" continued to add to his long positions in ETH and HYPE during the market downturn, but due to the sharp market drop, his overall long positions have once again turned into unrealized losses. As of press time, his total holdings have risen to $25.2 million.
The ETH long position is 8,000 tokens with a 25x leverage, and the liquidation price is $2,875.
The HYPE long position is 55,000 units with a 10x leverage ratio.