[Analysis of Source Material] The trading wallet "Send Money Brother Maji" continues to hold a long position in ETH, having recently made several small additions to its position, increasing from 7100 ETH to 7250 ETH, an increase of approximately 0.7%, indicating that the funds still have some confidence in the bullish direction of ETH. [src: @Valuescan, 2026-02-18 22:04:23/#2208550;ref: window] This wallet maintains a high leverage (25x) on its ETH position, currently only 4.0%-4.3% away from the liquidation price, indicating a high level of risk. The account has a floating loss of approximately $239,000 to $236,000, demonstrating the fund's high risk appetite. [src: @Valuescan, 2026-02-18 22:13:23/#2208610;ref: window] At 22:48, the account's overall unrealized loss exceeded $410,000, with an ETH holding unrealized loss of approximately $320,000. The liquidation distance was 5.5%, and the funds remained biased towards long positions, with a clear bullish bias. This indicates position adjustments to prevent further losses, with a moderate reduction in HYPE tokens while still holding existing positions. [src: @Valuescan, 2026-02-18 22:48:28/#2208883;ref: window] Previously at 21:55, the account had approximately 7,200 ETH long positions, a liquidation distance of 5.7%, and an unrealized loss of approximately $275,000. The account had previously made a small reduction in positions, indicating that the funds were attempting to control risk exposure under high-risk conditions. [src: @Valuescan, 2026-02-18 21:55:20/#2208468;ref: ctx] The overall account win rate remains between 70.2% and 70.3%, with an average profit/loss ratio of approximately 0.76 and a maximum drawdown exceeding 160%. Funds are primarily engaged in large-scale, high-frequency trading, favoring long positions, and showing a generally positive sentiment towards ETH holdings, but with significant risk exposure. [src: @Valuescan, 2026-02-18 22:04:23/#2208550;ref: window] The average purchase cost of ETH holdings is approximately $1969-$1972. Current price volatility has exacerbated the account's unrealized losses. The funds maintain a long position despite high leverage and high risk, indicating that short-term funds still anticipate a potential rebound in ETH. [src: @Valuescan, 2026-02-18 22:13:23/#2208610;ref: window] The account holds both ETH and HYPE tokens in a long position. Recently, it reduced its HYPE holdings by a moderate amount, indicating that the funds are diversifying risk and adjusting the portfolio structure, leaning towards a long ETH strategy. [src: @Valuescan, 2026-02-18 22:48:28/#2208883;ref: window] The fund's operational rhythm shows small, continuous increases in ETH holdings, coupled with reductions in HYPE holdings, demonstrating a clear intention to rebalance the portfolio. Short-term speculation remains primarily focused on long ETH positions, with increased risk management awareness. [src: @Valuescan, 2026-02-18 22:04:23/#2208550;ref: window] 【Key Clues Summary (Optional)】 - The wallet "Sending Money Brother Maji" continues to hold a high-leverage long position in ETH, with a large risk exposure and a liquidation distance maintained in the 4%-5.7% range. - The account funds favor a long strategy, with ETH as the main speculative target, and continuously adding to the position in small increments in the short term. - The funds also hold a long position in HYPE tokens, and recently reduced the HYPE position. - The account's overall win rate is approximately 70%, with a maximum drawdown exceeding 160%, exhibiting characteristics of high-risk, high-frequency trading. - The average cost of the funds' ETH holdings is between $1969 and $1972, currently showing significant unrealized losses, indicating the persistence of the bulls under market pressure.
ETH: Summary of Valuescan community discussions (22:00:10 ~ 23:00:10)
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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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