「Majesty」Adjusts ETH Position with $180,000 in Floating Loss

Ethereum Position Adjustment by 「Majesty」

Recently, as Ethereum's price briefly fell below the $2,000 mark, market volatility intensified. According to monitoring by HyperInsight, the prominent investor 「Majesty」chose to reduce part of their ETH long position at this critical moment to mitigate risk.

Current Position and Loss Overview

Currently, 「Majesty」still holds 3,500 ETH longs, with the floating loss reaching $180,000 due to market fluctuations. The liquidation price is set at $1,991.01, indicating that further price declines may lead to potential liquidation risks.

• Reason for Adjustment: Increased market volatility
• Current Holdings: 3,500 ETH
• Floating Loss: $180,000
• Liquidation Price: $1,991.01

Analysts suggest that 「Majesty's」decision to reduce exposure might stem from risk management strategies, reflecting uncertainty in the short-term outlook for Ethereum.