$ETH
$HYPE
【🔥 Majic is taking action again! 600 ETH long positions urgently reduced, floating profit of 267,000 dollars, remaining position of 6426 ETH still exceeding 19 million dollars!】P。U。P。P。I。E。S小 🔥奶 🔥🐶
Crypto friend Majic has made new moves recently—suddenly reducing 600 ETH long positions in the past 3 hours, with the current position reduced to 6426 ETH, about 19.42 million dollars📉
Although the position was reduced, the floating profit of this position still reaches 267,000 dollars, and the current liquidation price is 2850 dollars, with controllable risk✅
Majic still has another card: 60,000 HYPE long positions, valued at about 1.5 million dollars. Reducing ETH slightly while heavily investing in HYPE, do you understand this operation?
🔍 In my opinion, Majic's adjustment this time seems more like locking in some profits, managing risks, while continuing to be optimistic about the altcoin track. Ethereum may face fluctuations in the short term, but Majic still holds nearly 20 million dollars in ETH long positions, indicating a not pessimistic outlook for the future.
The large position in HYPE may signal that some new narratives are brewing, worth continued attention⚠️$BABY
💎 Summary:
Smart money adjusts positions amid fluctuations, not exiting, but restructuring. ETH stands firmly above the key liquidation price, the trend is not broken, and emerging tokens may become the next hot spot.
Don’t just look at the reduction; consider the logic behind the position—controlling risks, leaving enough ammunition, and waiting for the right opportunity.
What do you all think, is Majic “shifting gears at high altitude” or “issuing a warning to retreat”? Let's discuss in the comments below👇
(Disclaimer: This article is for market information sharing only and does not constitute any investment advice. Digital currencies are highly volatile, and investment should be cautious.)