logo

ChainThink

Stay ahead, master crypto insights

"Magi" scalping on momentum, significantly reducing Ethereum long positions during yesterday night and this morning's downturn, then re-adding positions during the minor rebound

"Magi" scalping on momentum, significantly reducing Ethereum long positions during yesterday night and this morning's downturn, then re-adding positions during the minor rebound

2025-12-19 11:06

View Original

ChainThink message, December 19, according to Hyperinsight monitoring, "Majji" significantly reduced Ethereum long positions during yesterday night's market downturn, then recently added another 250 ETH longs during the subsequent minor market rebound.


As of press time, his 25x Ethereum long position stands at 4,500 ETH, down 1,075 ETH from the net reduction since yesterday at 19:00 (when it was 5,575 ETH), with a current liquidation price of $2,777.51.

"Magi" scalping on momentum, significantly reducing Ethereum long positions during yesterday night and this morning's downturn, then re-adding positions during the minor rebound
#Ethereum

Disclaimer: Contains third-party opinions, does not constitute financial advice

Recommended Reading
The Gulf stock markets rebounded, with Dubai's index posting its largest gain in nearly a decade.
The Gulf stock markets rebounded, with Dubai's index posting its largest gain in nearly a decade.
A major whale address has leveraged 20x long positions on BTC and ETH within the past hour
A major whale address has leveraged 20x long positions on BTC and ETH within the past hour
A major whale briefly opens a long position worth $12 million in BTC, marking the 28th "fear-of-missing-out" trade this week
A major whale briefly opens a long position worth $12 million in BTC, marking the 28th "fear-of-missing-out" trade this week
Ark Invest increased its holdings of CRCL by 116,000 shares yesterday, valued at approximately $11.6 million.
Ark Invest increased its holdings of CRCL by 116,000 shares yesterday, valued at approximately $11.6 million.
"Loracle" recently entered a long position on HYPE at $37, and with HYPE rebounding to $40 today, significant unrealized profits are now in sight.
"Loracle" recently entered a long position on HYPE at $37, and with HYPE rebounding to $40 today, significant unrealized profits are now in sight.
Suspected BitMine address acquires 67,111 ETH this morning, valued at $144.73 million
Suspected BitMine address acquires 67,111 ETH this morning, valued at $144.73 million
Ethereum block builder Eureka Labs completes $6.7M seed round, co-led by Spark Capital and Collider Ventures
Ethereum block builder Eureka Labs completes $6.7M seed round, co-led by Spark Capital and Collider Ventures