Maji Bro Gives Back Profits on ETH Compounding Long, Account Balance Drops to Just $290,000
Source:
x.com
According to data from Embers, as ETH fell 4% intraday, the $12.3 million in cumulative profits that Brother Maji had accumulated by rolling long positions from $1,900 has been almost entirely given back, leaving only $290,000 in his account. Brother Maji currently holds a long position of 3,500 ETH; if ETH’s price drops another $30 to $2,393, his remaining $290,000 will face liquidation.