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Maji Revine to the Market with Massive Positions in Ethereum and Bitcoin
After experiencing a liquidation in the early hours of today, the trader known by the pseudonym Maji quickly re-entered the market, building significant exposures in the two largest crypto assets. According to data tracked by ChainCatcher, this rebound demonstrates strong confidence in the upward trend of the market, despite the obvious risks associated with leveraged trading.
From Liquidation to Re-Entry on the Same Day
The details are revealing: Maji was a victim of a liquidation during the morning, a moment that could discourage many traders. However, later that same day, the trader aggressively returned, increasing his Ethereum holdings and opening fresh positions on Bitcoin. This behavior suggests either a very convincing market analysis or a deliberate strategy to recover losses through increased exposure.
Massive Exposures with High Multipliers
The total value of the new positions reaches $4.6 million, a substantial amount reflecting the size and confidence of this trader. Regarding specific details: Maji holds 1,500 units of Ethereum with a 25x multiplier, turning any fluctuation in this cryptocurrency into a critical factor for his profit or loss. Simultaneously, he initiated a smaller but more aggressive position on Bitcoin — 3 units with a 40x leverage, exponentially amplifying the impact of any price movement.
Market Signal from a Major Trader’s Movements
These moves by Maji are not simply the decision of a single trader. In the cryptocurrency ecosystem, traders broadly monitor other participants to calibrate their own positions. His rebound, especially with such high multipliers, can be interpreted as a strong bullish signal that the market will find support at current levels. However, the inherent volatility and risks associated with leverage remain a reality that every investor must weigh carefully.