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"Maji" suddenly fully liquidated BTC last night and used 25x leverage to go all-in on ETH. This move immediately caused the market to boil over!
Data speaks: holding 6,230 ETH, with a liquidation price at $1,926, right on the death line—breaking below that would result in a complete margin call and zero out! But currently, unrealized gains have soared to $773,000, temporarily pulling out of the deep loss.
Analyzing Maji's logic: BTC has been sideways for too long, and recent positive developments in the ETH ecosystem have caused funds to clearly flow from Bitcoin to ETH.
Reminder: ETH has rebounded to around 2150. The next correction level is near 1900. Brothers who want to follow the trade, first ask yourself two questions: Can you withstand the risk of liquidation? Can you monitor the market until 3 a.m.?