On-chain monitoring platform Lookonchain has discovered that well-known trader Brother Maji has once again closed positions amid market volatility, but his conviction in going long on Ethereum remains unchanged—he is currently increasing his holdings by 1,700 ETH. At the latest price of $1.93K, the position is worth approximately $3.28 million, with a stop-loss set at $1,818.74. This trader's account has accumulated a floating loss of over $28.8 million, yet he continues to add bullish positions during the decline. Data shows that his obsession with ETH's future prospects is evident; even after facing the risk of liquidation, he remains steadfast in building a long position. Industry insiders point out that such trading behavior reflects professional traders' judgment of market bottoms and also serves as a warning for retail investors to pay attention to risk management.

ETH-8.84%
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