Profit Decline Amid Market Volatility
On January 11, on-chain analyst Ai Aunt (@ai_9684xtpa) reported that well-known investor 'Majie Brother' currently holds $34 million in ETH long positions. However, compared to the floating profit recorded when ETH prices peaked on January 7, the gains have declined by more than $2 million.
Detailed Position and Market Implications
The data revealed that the ETH long position was opened at $3,138.43 and is now facing a floating loss of $287,000. This decline highlights both the unpredictability of the market and the risks associated with leveraged trading.
Other Investment Activities
In addition to his ETH holdings, 'Majie Brother' also has a $250,000 long position in HYPE, opened at $24.40. Analysts are closely watching how he manages these positions, as they could influence market trends.