Crypto trader 'Maji' has incurred losses exceeding $28.8 million following the liquidation of his long positions in Ethereum (ETH) and Bitcoin (BTC) amid a market downturn. According to Onchain Lens, 'Maji' has re-entered the market with a 25x leveraged long position of 1,700 ETH, valued at approximately $3.19 million. The move comes as the crypto market continues to experience volatility.