## Trader 'Maji' Restructures Portfolio: Closing Positions in BTC and HYPE



According to on-chain analysis platforms, December 21st marked a strategic inflection point for trader 'Maji'. On that date, a complete liquidation of long positions in Bitcoin (BTC) and Hyperliquid (HYPE) was recorded, while simultaneously a partial reduction of the bet on Ethereum (ETH) was carried out.

### Current Position Status

Despite the partial closures, Maji still maintains a significant exposure in ETH. The remaining position consists of 5,250 Ethereum units with 25x leverage, currently generating an unrealized profit of $280,000. With ETH's current price around $2.93K, the liquidation level is approximately set at $2,787, leaving an operational margin that reflects confidence in the bullish movement of the asset.

### Strategy Interpretation

This change in portfolio composition sends a clear message about risk management. The decision to fully close positions in BTC (whose price hovers around $87.35K) and HYPE ($24.90) while maintaining a leveraged position in ETH suggests a reorientation towards specific assets based on technical analysis of supports and resistances.

For market observers, these movements are often interpreted as signals of meticulous position management, where experienced traders take profits at certain levels and concentrate their capital on opportunities they consider more attractive in the short term.
BTC-1,92%
HYPE3,52%
ETH-1,51%
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