Trader Maji has resumed trading activities, adjusting Ethereum positions amid recent market volatility. Following a series of liquidations, Maji has adopted a swing trading strategy, capitalizing on the recent Bitcoin-driven market rally. Maji reduced a significant ETH position for profit as Ethereum's price surged, and began rebuilding the position when ETH retraced to $2,150.
Currently, Maji holds a 25x long ETH position valued at $17.81 million, with a lowered liquidation price of $2,003.21. Over the past week, Maji has accumulated a paper profit of $440,000, reflecting a strategic response to the market's brief recovery.
Trader Maji Adjusts ETH Positions Amid Market Volatility
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