Maji Gege's ETH long position has once again fallen into liquidation trouble, with losses exceeding $27 million

PerpetualLonger · 2026-03-04T22:16:39+00:00

Maji哥哥 is once again facing ETH long liquidation risk due to high leverage trading, with his account losses reaching $27.56 million, only 4% away from the liquidation price. This situation has attracted community attention and highlights the risks of high leverage trading.

PerpetualLonger

2026-03-04 22:16:39

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According to on-chain data monitoring from Onchain Lens, the market fluctuations in the crypto space once again threaten the safety of well-known trader Maji Gege’s positions. This whale account, known for frequent high-leverage trading, has its Ethereum long position on the brink of danger.

On-chain Monitoring Reveals Reemergence of Liquidation Risks

Maji Gege has repeatedly attracted community attention due to high-leverage positions. The latest data shows that his 25x leveraged ETH long position is facing a new round of liquidation pressure. Currently, the account has accumulated losses of $27.56 million, indicating the scale of this trade.

Close to Liquidation Threshold

Even more concerning is the critical state of the liquidation price. According to data from Onchain Lens, Maji Gege’s long position has only about 4% price decline room before the next partial liquidation. This means a market drop of approximately 4% could trigger automatic liquidation. In the highly volatile crypto market, such risk is almost a matter of life and death.

It is worth noting that this is not the first time Maji Gege has faced liquidation threats. The frequent “long-open—liquidate—reopen” cycle reflects his persistent pursuit of high leverage and warns of the risks associated with extreme leverage trading. Under the current circumstances, whether Maji Gege’s ETH position can safely weather this market downturn remains a key focus of the on-chain community.

ETH6.59%

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