Maji has once again turned $500,000 into $2,040,000, making a profit of $1,540,000. This time, is he really going to stand up, or will he be taken away by another wave of correction?
Last week, he turned $1,000,000 into $2,080,000, but the day before yesterday, ETH dropped from $3,000 to $2,700, resulting in a loss of both principal and profit.
In the past two days, he continued to use $500,000 to go long on ETH at an average price of $2,910. As ETH rebounded back above $3,000, he is now up $1,540,000.
However, his ETH long position liquidation price is not too far away, at $2,881. This means that if there is a slight correction, he could lose it again.