"Maji" has experienced 162 rounds of long liquidation after repeated failures. The current liquidation price for ETH long positions is approximately $1,938.

After experiencing a margin call in the previous round, the address has initiated a new round of ETH long positions. Recently, it deposited about $250,000 to establish ETH longs, then continuously rolled over positions, gradually increasing the size to $13.5 million within three days.

Currently, it holds a 25x leveraged ETH long position with an average entry price of $1,945, an unrealized profit of about $430,000 (80%), and a liquidation price of approximately $1,938, with a liquidation margin of about 2.42%.

Reviewing recent transactions of this address, it often opens positions with tens of thousands of dollars, continuously increasing the size and average price through rolling over. However, multiple attempts have been liquidated due to high average prices and market pullbacks. After liquidation, the address deposits funds again, restarting the long position cycle, possibly aiming for a major rebound or the start of a bull market.

Since October last year, over the past five months, this address has attempted to go long on various cryptocurrencies 162 times, including 18 times on ETH, with a total net deposit of about $15.68 million into Hyperliquid. Almost every deposit has ended in a loss.

$ETH