Hyperliquid: Maji ETH Long Nears $1860 Liquidation

Hyperliquid trader Maji faces imminent liquidation on a $28.5M ETH long, with price just $15 above the $1860 threshold as ETH trades near $1882.97.

The address has followed the same pattern since last year: roll profits into larger longs, avoid active profit-taking, and accept liquidation on minor dips, producing $33.6M in cumulative losses that match historical patterns of repeated liquidations resembling money laundering flows.

Price action on the 4h chart shows a bullish structure with ETH holding above the EMA50 at $1823.77 and EMA200 at $1766.08 while MACD registers a golden cross at 29.23; RSI at 57.9 remains neutral, yet the position sits inside the Bollinger band with upper resistance at $1974.12, suggesting any push toward that level could trigger a healthy retracement to the 50-EMA support before continuation.