Based on the latest on-chain data as of April 3, 2026, the well-known trader “Maji” (Brother Maji) has a very aggressive ETH long position on the HyperLiquid platform. The specific parameters are as follows:

· Entry average price: $2,075.11
· Position size: 6,860 ETH (approximately $14.15 million)
· Liquidation price (margin call): $1,981.13
· Leverage multiple: approximately 25x
· Current status: Previously floating loss of about $70,000, now in a high-risk state due to market fluctuations.

📊 Risk Analysis

This trade carries extremely high risk, with key points including:

· Just “one step away” from liquidation: The liquidation price of $1,981 is very close to the current Ethereum price. If ETH falls below the strong support zone at $1,980, this position will be directly liquidated.
· “Holding on” under high leverage: Maji is using 25x leverage and continues to employ a “downward averaging” strategy (adding to floating losses). Prior to this, his account on HyperLiquid had accumulated losses of up to $31.29 million.

💡 Market Focus

This whale position has already become a “market indicator”:

· Last line of defense for longs: $1,980 is seen as a critical support level. Holding this level could lead to a rebound; if broken, it may trigger a chain of liquidations and price crashes.
· Short-term game: The market is currently closely watching the $1,980–$2,000 range, with intense long-short battles.

Special reminder: Whale position data only reflect market sentiment and potential risks and should not be used as a direct basis for opening or closing positions. High-leverage contracts carry significant risks; please ensure proper risk management.