Whale Movement: Maji reduces HYPE and adds 1,000 ETH, revealing the $43.51 million long position setup

【Blockchain Rhythm】The actions of well-known on-chain trader “Maji” have recently attracted attention. On the afternoon of January 19, this major holder began to continuously reduce their HYPE positions while increasing their ETH long positions.

Data shows that, to date, Maji’s total leveraged long positions have reached a scale of $43.51 million. The most core is the 25x leveraged ETH long position, which alone is valued at $36.5 million, accounting for the majority of the holdings. Additionally, they hold a 10x leveraged HYPE long position worth approximately $3.99 million.

From the position adjustments, reducing HYPE and increasing ETH, this operation hints at some signals worth pondering. Changes in major holders’ positions often reflect subtle shifts in market expectations.