Big Bro Maji cut his losses and closed his 4,700 ETH long position, with his remaining position showing an unrealized loss of $3.06 million and nearing liquidation.

According to @ai_9684xtpa, Huang Licheng (Big Brother Maji) closed a 4,700 ETH long position at a loss five minutes ago, realizing a $570,000 loss. His remaining 24,500 ETH long position now holds an unrealized loss of $3.06 million. The liquidation price for this remaining position is $2,473.56, leaving only a $38.22 buffer from the current market price. This recent market downturn has already wiped out nearly $4 million in floating profits, pushing him into a $3 million loss.