The cryptocurrency whale known as 'Maji' has significantly reduced their Ethereum long positions following a price drop, according to Hyperinsight. Overnight, 'Maji' cut their 25x leveraged long position by 1,075 ETH, bringing it down to 4,500 ETH from 5,575 ETH. Despite the reduction, the whale added 250 ETH longs during a minor price rebound on December 19. The current liquidation price for this position is set at $2,777.51.