Huang Licheng, also known as "Maji Dage," has been forced to reduce his Ethereum long positions as the liquidation price looms just $9 away. According to HyperInsight monitoring, his current Ethereum position is valued at $8.91 million, opened at $2,314.57, with a liquidation threshold of $2,220.22. Over the past month, Maji Dage has incurred losses exceeding $2.7 million.
In addition to his Ethereum holdings, Maji Dage maintains a Bitcoin long position worth $7.93 million, opened at $80,864.50, with a liquidation price set at $78,748. The recent adjustments highlight the precarious nature of his current trading strategy as market volatility continues to impact his positions.
Maji Dage Reduces Ethereum Long Position Amid Liquidation Risk
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