"Maji Brother" holds $146M in leveraged BTC and ETH longs, sitting on $2.56M unrealized gains
AI Market Summary
A large trader (\u0022Maji Dage\u0022) is running highly leveraged long exposure across ETH and BTC, with ~$146M notional and modest unrealized gains. The disclosed liquidation levels ($2,331 for ETH; $68,732 for BTC) highlight potential forced-position risk if volatility rises, which can amplify intraday moves and funding dynamics. However, as a single-account positioning update, it is not a broad fundamental catalyst.
Impact level
● Low
Affected assets
ETH/USDT+0.69%
AI Insight · ETH/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Odaily Planet Daily reported that the wallet dubbed "Maji Dage" is running leveraged long positions in BTC and ETH totaling about $146 million, with combined unrealized profits near $2.56 million. The account's net asset value stands at roughly $9.139 million, implying overall leverage of around 15.95x.
Its ETH exposure is a 25x fullmargin long of 39,325 ETH, valued at about $98.39 million. The position was opened at an average of $2,444.83, is showing roughly $2.25 million in unrealized gains, and has a liquidation price of $2,331.21.
On BTC, the account holds a 40x fullmargin long of 593 BTC worth about $47.39 million. The average entry price is $79,384.20, unrealized profit is around $310,000, and the liquidation price is $68,731.50.