The "Maji" contract has achieved a floating profit of $773,000 on its Ethereum long position, as reported on February 26. According to HyperInsight monitoring, the contract has increased its position to 6,230 ETH amid a strong market rebound. The position is leveraged at 25x with a liquidation price set at $1,926.
In recent trading activity, "Maji" closed its Bitcoin long position and shifted focus to Ethereum, bolstering its long position in the cryptocurrency. This strategic move comes as the market shows signs of recovery, enhancing the contract's profitability.
"Maji" Contract's Ethereum Long Position Yields $773,000 Profit
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