On-Chain Trader "Maji" Reduces ETH Position at $2,400, Maintains Prudent Distance from Liquidation Level

ETH1.01%
BTC0.84%
HYPE2.21%

Gate News message, April 23 — According to HyperInsight monitoring, on-chain trader "Maji" initially added positions in BTC, ETH, and HYPE this morning, then quickly reduced ETH and HYPE long positions ahead of a sharp market downturn. As of press time, total long positions remain substantial at $80.4 million.

Notably, Maji has demonstrated disciplined position management recently, consistently maintaining a healthy buffer from liquidation levels. The liquidation prices for primary holdings in BTC and ETH are approximately 7% below current market prices, providing a reasonable safety margin.

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