“Majigate” ETH long positions are nearing liquidation, and the account withdrew $1.008M in the past 24 hours

BlockBeats message, July 17, , according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, the ETH long position held by “Maji Big Brother” Huang Licheng has continued to face pressure, and has been gradually reduced from the peak 16,575 units to 9,600 units, about $17.76 million. Within 24 hours, the account’s cumulative drawdown was $1.008 million, and the unrealized profit is nearly zero.

At present, there is only a $16 price buffer left from this position to the liquidation price, placing it at the extreme edge of danger.

ETH-3.43%
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