Early in the morning on December 3, veteran crypto player “Maji” made another small move.
He slightly reduced his ETH long position, then turned around and added a bit more to HYPE. The action wasn’t huge, but the community is already speculating about what he’s really up to.
Right now, he’s still holding over 8,000 ETH with 25x leverage. What about HYPE? He’s got at least 10,000 tokens there, with 10x leverage. After this round of moves, his unrealized gains are approaching $1 million—specifically $920,000, just shy of the mark.
Honestly, in this roller-coaster market, being able to maintain this kind of profit pace is impressive. “Maji” has always been precise with his trades, and every time he rebalances, a bunch of people follow and analyze his moves.
Now everyone’s guessing: is this guy going to double down or cash out while he’s ahead? After all, the crypto market changes direction in an instant, and there are very few consistently profitable players.
That said, his latest moves have at least given many people some ideas—how to adjust position rhythm during a choppy market. Should you follow or not? That’s for you to weigh.
The market runs 24/7, and opportunities are always hidden in the volatility. Stay tuned, make rational decisions, and don’t let your emotions take the wheel.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
2
Repost
Share
Comment
0/400
PrivacyMaximalist
· 11h ago
This move by Machi is quite interesting, but I still think the leverage is a bit too aggressive. It's not uncommon to see liquidations happen instantly with just one pullback.
View OriginalReply0
hodl_therapist
· 11h ago
Just one step away from 920,000? Man, you must have nerves of steel. If it were me, an ordinary person, I’d be sweating bullets by now.
Early in the morning on December 3, veteran crypto player “Maji” made another small move.
He slightly reduced his ETH long position, then turned around and added a bit more to HYPE. The action wasn’t huge, but the community is already speculating about what he’s really up to.
Right now, he’s still holding over 8,000 ETH with 25x leverage. What about HYPE? He’s got at least 10,000 tokens there, with 10x leverage. After this round of moves, his unrealized gains are approaching $1 million—specifically $920,000, just shy of the mark.
Honestly, in this roller-coaster market, being able to maintain this kind of profit pace is impressive. “Maji” has always been precise with his trades, and every time he rebalances, a bunch of people follow and analyze his moves.
Now everyone’s guessing: is this guy going to double down or cash out while he’s ahead? After all, the crypto market changes direction in an instant, and there are very few consistently profitable players.
That said, his latest moves have at least given many people some ideas—how to adjust position rhythm during a choppy market. Should you follow or not? That’s for you to weigh.
The market runs 24/7, and opportunities are always hidden in the volatility. Stay tuned, make rational decisions, and don’t let your emotions take the wheel.