📉 Big bro Majji added to his position again! $ETH Longs hard-holding, floating loss 10.99%—faith or a trap?

Just now, Majji Huang Licheng once again increased his holdings by 800 ETH long orders (about $1.56 million). His total position has grown to $8.63 million, and his average entry price has been slightly adjusted to $1,886. However, with the current price at $1,877, the floating loss is still -10.99%. His liquidation price is only $1,839—there’s less than a $40 buffer left.

Technically, ETH’s daily chart is still under pressure from the MA25. The RSI is neutral but slightly weak. If it breaks below the $1,850 support, the $1,800 level will open up directly below. Majji’s adding here looks more like passive defense to “average down” rather than a trend-reversal signal. Previously he struck it rich through NFTs, but since October he’s been suffering repeated massive losses—his funds shrank from over $100 million to tens of thousands. This suggests that “big players buying the dip against the trend” may not be the bottom.

Key short-term: once $1,850 is lost, the long positions will face chained liquidation risk. If it’s held, the rebound faces resistance around $1,920. Majji’s position is not a trend indicator, but a warning light—under leverage, faith is the most expensive. Will you follow the trade or stay on the sidelines? See you in the comments.

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