Maji has successfully closed its ASTER (3x) short position, realizing a profit of $79,721. Despite this gain, the trading entity is grappling with substantial floating losses exceeding $8 million from its leveraged positions in ETH (15x), PUMP, and HYPE, each with 5x leverage. This situation underscores the inherent risks and volatility associated with leveraged trading in the cryptocurrency market.
Maji Secures $79,721 Profit from ASTER Short, Faces $8M Loss in Other Positions
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.