I saw a concerning case of Magi Professional in the market yesterday, the wallet experienced repeated withdrawals during the nighttime decline and lost about two million dollars in just one day. Magi had a heavy focus on long positions in Ethereum, but the situation has become very critical as the price approaches the liquidation level. Now the wallet contains about 2,500 ETH units with floating losses exceeding $430,000, and the explosion level is very close at $2,786. Magi was betting on Ethereum's rise, but the market did not move in the expected direction, and now the situation is critical, with any additional drop potentially leading to full liquidation. This is a clear example of the risks of leverage in volatile markets; Magi paid a high price for the lesson.

ETH-1.35%
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