In addition, he has also placed 11 limit sell orders for ETH in the $3160-3400 range.
According to the latest information, cryptocurrency investor 'Brother Majie' is indeed continuously increasing his high-leverage Ethereum (ETH) long position, and both the position and floating loss amount are quite large, while also setting sell orders to respond to market changes.
📊 Brother Majie current position details
Below I have organized the latest key information about his position:
Project specific data
Position currency Ethereum (ETH)
Leverage 25x
Total position 8,045 ETH
Position value exceeds $25 million
Liquidation price 3,054.18 USD
Current floating loss 2.092 million USD
📝 Positioning strategy and market background
In addition to continuously increasing long positions, Brother Majie also took some risk management measures, and his trading has recently faced challenges.
· Placing limit sell orders: To lock in profits or reduce losses when prices rebound, he placed a total of 11 limit sell orders in the range of 3,160 to 3,400 USD. This can be seen as a safety cushion for his position.
· Recently faced partial liquidation: Due to the market downturn, his high leverage long positions experienced partial liquidation on November 14, with floating losses exceeding 2 million USD at one point. This highlights the high risk of high leverage trading in volatile markets.
· Historical loss situation: In fact, his trading difficulties did not begin recently. As early as November 12, his account was liquidated due to long positions in ETH and UNI, with total losses reaching 15.89 million USD, and the account balance once dropped to about 61,000 USD.
💡 Risk warning for high leverage trading
Brother Majie's case is a microcosm of the high-risk speculation in the cryptocurrency market. His operations exhibit the following characteristics:
· High leverage risk: A leverage of 25 times means that even slight price reversals can trigger massive losses or forced liquidation.
· 'Holding on' and increasing positions: When facing floating losses, he chose to continue increasing positions rather than cutting losses. This 'chasing the market' strategy can quickly amplify losses in a continuously declining market.
I hope the above information can help you understand the situation comprehensively. Please note ⚠️ that this information is sourced from public reports and does not constitute any investment advice.
