Brother Maji is currently facing a loss of nearly 2.1 million USD on the high-leverage long ETH position while still recording small profits on the BTC position.
Brother Maji's total position valued at 110 million USD is under pressure from high funding fees, totaling 133,000 USD, affecting investment efficiency in the 25x and 40x leverage structure.
MAIN CONTENT
Brother Maji is facing a loss of 2.08 million USD on his 25x leveraged ETH position.
The profit on the 40x leveraged BTC position is 78,000 USD.
The funding fee currently has to pay up to 133,000 USD with a total position of 110 million USD.
What positions is Brother Maji currently holding in the cryptocurrency market?
Brother Maji maintains a long ETH position using 25x leverage and a long BTC position with 40x leverage, with a combined value of these two positions approximately 110 million USD.
Diversifying positions across the two largest cryptocurrencies allows him to take advantage of price volatility in both Ethereum and Bitcoin, but also increases risk due to high leverage.
What is Brother Maji's current profit and loss status according to on-chain analysis?
According to on-chain expert Aunt Ai's tracking, Brother Maji is facing an unrealized loss of 2.08 million USD on the 25x leveraged ETH position, while the 40x leveraged BTC position records an unrealized profit of 78,000 USD.
The loss on ETH may be related to the price drop of Ethereum, while BTC still maintains a slight upward trend supporting the small profit position.
How do funding fees affect Brother Maji's position?
Brother Maji has to pay funding fees of up to 133,000 USD on a total position of 110 million USD, which directly impacts the final profits of high-leverage positions.
The funding fee that investors bear becomes larger when holding leveraged positions for a long time and the market is highly volatile, which can reduce investment efficiency and create liquidity pressure.
Using high leverage requires careful risk management, especially when funding fees can reduce or disrupt expected profits.
Quote from financial analyst, 2024
Frequently Asked Questions
How much leverage does Brother Maji use for cryptocurrency positions?
He uses 25x leverage for ETH and 40x for BTC, with a total position valued at approximately 110 million USD.
What caused the unrealized loss of 2.08 million USD on the ETH position?
The loss is primarily due to the price drop of Ethereum while he holds a high-leverage long position.
How do funding fees affect Brother Maji's positions?
The funding fee of 133,000 USD reduces profit effectiveness, especially with positions using high leverage.
What is Brother Maji's profit on his BTC position?
He is realizing a profit of 78,000 USD on the 40x leveraged long BTC position.
How does on-chain analysis help investors like Brother Maji?
On-chain tracking provides transparent data about positions, profits and losses, and funding fees to support effective risk management.
Source: https://tintucbitcoin.com/big-brother-maji-lai-btc-lo-eth/
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