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Majie increased the position today, sweeping ETH long order with 25x leverage.
[Block Rhythm] It got interesting this morning, Brother Maji has started to increase his investment again.
This time I played with a 25x leveraged ETH long position. Although each trade isn't large, it can't compete with the continuous buying. As of now, the position he holds has already exceeded 13.57 million dollars, accumulating a total of 4,250 ethers.
This operation looks like a confident rhythm for the future market, but high leverage really brings mixed feelings. If the market moves as he expects, the profits will be astonishing; but if the direction reverses… we dare not think too much.
Anyway, whale movements are always worth paying attention to. Such large-scale position changes can reveal some insights into the judgments of big capital.