Majestic: Adds 9825 ETH Long After $3.4M Loss

Majestic dumped 20500 ETH for a $3.413M realized loss then added twice overnight, lifting the position to 9825 ETH worth $24.33M with $845K floating loss and $2430.27 liquidation.

Funding costs now total $1.344M while a later 10000 ETH trim pushed cumulative losses past $4.1M.

ETH price action on the 4h chart shows price at $2482.54 pressing against the lower Bollinger band near $2415 support while the 50-EMA at $2630.71 and 200-EMA at $2599.01 cap upside; RSI at 28.53 signals oversold conditions yet the MACD death cross at -57.34 keeps the broader structure bearish, suggesting any rebound attempt will likely stall at upper band resistance $2782 before retesting the $2430 liquidation zone.