Big Bro Maji cut his losses and closed his 4,700 ETH long position, with his remaining position showing an unrealized loss of $3.06 million and nearing liquidation.

On October 08, as disclosed by @ai_9684xtpa, Huang Licheng (DJ Mag) cut losses and closed 4,700 ETH long positions five minutes ago, resulting in a realized loss of $570,000. The unrealized loss on his remaining 24,500 ETH longs has now widened to $3.06 million.

The latest liquidation price for these remaining longs is $2,473.56, leaving only a $38.22 buffer from the current market price. This market downturn has caused him to give back nearly $4 million in unrealized profits and turn into a $3 million loss.