Brother Ma Ji took profit of 2,450 ETH, earning 300,000, with the remaining 8,800 still on the high-risk edge

Maji Brother (Huang Licheng) has taken partial profits by closing 2,450 ETH long positions over the past 10 hours, realizing a profit of $301,000. Although this profit-taking scale is relatively cautious, what’s more noteworthy is that he still holds 8,800 ETH longs—worth $29.27 million with an unrealized profit of $1.597 million. This decision reflects his cautious attitude towards the current market and also exposes the high-risk nature of his remaining positions.

Profit-Taking Details: Risk Management Behind Small Gains

According to the latest news, there are several noteworthy details about Maji Brother’s recent profit-taking operation:

• Scale of profit-taking: 2,450 ETH
• Profit amount: $301,000
• Operation timeframe: executed in batches within the past 10 hours
• Average opening price: $3,145.15
• Current ETH price: approximately $3,327 (based on related info)

From the numbers, this profit-taking scale is relatively small, accounting for about 22% of his total holdings (2,450/11,100). But this highlights a key point: he is gradually reducing risk rather than cashing out all at once.

Remaining Position: Large Scale but High Risk

After profit-taking, Maji Brother still holds 8,800 ETH longs, with the details as follows:

This position size remains substantial. According to related info, this ETH is held with 25x leverage, which means:

• Liquidation price is very close (only about $180 buffer)
• Any slight decline could trigger forced liquidation
• The risk of this position is much higher than what the absolute numbers suggest

Operational Background: The Complete Picture of Recent Adjustments

This profit-taking isn’t an isolated event. According to related info, Maji Brother has made multiple position adjustments over the past week:

• Jan 11-12: closed long positions in ZEC and HYPE
• Jan 12: opened and then fully closed a HYPE long position
• Jan 13: continued adjusting ETH positions
• Jan 14: gradually took profits on ETH

What’s behind these series of actions? Data shows that his total losses over the past week have exceeded $1.62 million. In this context, he still maintains a heavy long position on ETH and has become more cautious about other tokens. This may imply he believes the altcoin season’s heat is waning, while Ethereum still has potential.

Future Focus: Limit Price Profit-Taking Orders

It’s worth noting that Maji Brother has set a limit order to take profit on 400 ETH in the $3,350–$3,400 range. This indicates:

• If ETH rebounds to this price range, he will further reduce his holdings
• He has a clear upper expectation for ETH’s upward potential
• It’s a risk management signal

Currently, with ETH at about $3,327, this profit-taking order is very close to the current price and may be triggered soon.

Summary

Maji Brother’s recent profit-taking reflects two main features: first, an increasing awareness of risk, as he begins to take profits in batches rather than holding positions unchanged; second, a market judgment shift, gradually shrinking from previously aggressive long positions. Although his remaining 8,800 ETH shows an unrealized profit of $1.597 million, with 25x leverage, this position remains high-risk. The key follow-up points are whether his limit order will be triggered and how ETH performs in the $3,300–$3,400 range. For traders tracking big players’ moves, this operation serves more as a risk warning than a buy signal.