Prominent trader "Brother Maji" has incurred significant losses following partial liquidations of his 25x leveraged long position on Ethereum (ETH). According to on-chain analyst Onchain Lens, the recent market downturn forced the closure of most of his position, leading to cumulative losses of around $35 million. This marks another setback for the trader amid volatile market conditions.
Trader 'Brother Maji' Faces $35 Million Loss on Leveraged ETH Position
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