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Whale hunting moment? Brother Maji & ETH’s third-largest whale long positions have moved to the brink of the cliff edge
Current ETH price is 2276, and on-chain data reveals dangerous signals:
1. Brother Maji (Figure 1)
· 15,000 ETH long positions, entry price 2329, liquidation price 2217
· Unrealized loss -78.46 million U, only about ~2.6% away from liquidation
2. ETH long positions of the third-largest whale (Figure 2)
· 10,000 ETH long positions, entry price 2326, liquidation price 2241
· Unrealized loss -51.27 million U, only about ~1.5% away from liquidation
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