The liquidation price of ETH long positions on Maji is $3,992, only $100 away from the current price.

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Mars Finance reported that on October 10th, according to on-chain analyst Yu Jin, the liquidation price for Maji's ETH long position was $3,992, just $100 away from the current price. He had just closed his long position in HYPE and added margin to his ETH long position, otherwise the liquidation price would have been even closer.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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