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🐋 ETH’s largest long & Brother Maji—every detail of the four positions fully exposed:
🔍 Just checked ETH on-chain contract positions and found an astonishing level of concentration:
🐋 The same ETH largest long has three separate positions totaling 85,000 ETH.
Plus Brother Maji’s 10,000 ETH.
Just these two have stacked nearly 100,000 ETH in longs in the $2250–$2320 area.
1. Largest long: 85,000 ETH—cost basis highly concentrated
· Position 1: 40,000 ETH|20x|Entry $2265.44|Unrealized profit +$738,000
· Position 2: 40,000 ETH|15x|Entry $2265.48|Unrealized profit +$732,000
· Position 3: 5,000 ETH|20x|Entry $2251.42|Unrealized profit +$160,000 (added last night)
👉 Total value $194 million; all entry prices are in the $2250–$2265 range.
Those two 40,000 ETH positions’ leverage has been reduced from 20x to 15x—margin increases while exposure stays unchanged → actively reducing liquidation risk, with a long-term plan.
On top of that, adding a new 5k ETH position again → still bullish, no hesitation.
---
2. Brother Maji: just closed HYPE, rotated into ETH
· BTC: 181 coins|40x|Entry $76,310|Unrealized profit +$182,000
· ETH: 10,000 coins|25x|Entry $2311.91|Unrealized loss -$282,000
ETH is temporarily at a floating loss, but after he took profit on HYPE, he actually added to ETH holdings, topping up to a full 10,000 coins.
He is actively bearing the floating loss to add positions—not passively holding up against orders—showing extremely high recognition of this level.
---
3. Current ETH spot price: $2285
· Largest long cost is ~ $2260, already nearing floating profit
· Brother Maji’s cost is ~ $2312, floating loss only about 1.2%
· Both combined hold 95,000 ETH, total value over $210 million
Conclusion:
A large amount of leveraged funds open or add positions within the narrow $2250–$2320 range, and they have not withdrawn even in the face of funding rates and short-term floating losses.
In the perpetual futures market, this is called a “Price Consensus Zone.”
⚠️ Key locations on the liquidation map of the biggest pain points
· If the price drops below $2235 → longs’ cumulative liquidation strength of $460 million
· If the price breaks above $2310 → shorts’ cumulative liquidation strength of $320 million
I’m bullish on ETH.
It’s not blind faith in giant whales—real money has drawn the bottom line for us.
⚠️ But one final word for retail traders:
Whales have unlimited margin and low-fee advantages, but you don’t.
Even if you’re in the consensus zone, don’t go all-in
.
Control leverage, keep some backup, and be prepared for the worst-case scenario.
Copy-trading is fine—risking your life is not necessary.
This article is an original analysis by “Hare H”
If you want to check on-chain data for other coins.
👉 Leave the coin name in the comments, and I’ll help you look it up.
Follow “Hare H” and let’s together understand the truth on-chain.
$ETH