Maji: Reopens $5.88M Longs on Hyperliquid

Trader Maji deposited another 250000 USDC on Hyperliquid and reopened 5.88 million dollars in leveraged long positions on ETH, HYPE and BTC hours after his prior longs were fully liquidated during the morning drop linked to the Binance theft.

His new ETH long carries a liquidation price at 2161, only 86 dollars below the current spot at 2246.94, while the account shows 15.86 billion dollars in cumulative volume and 37.05 million dollars in realized losses over the past eighteen months.

Price sits inside the Bollinger Bands with upper resistance at 2413.44 and lower support at 2232.33; the EMA50 at 2345.4 and EMA200 at 2459.47 both act as overhead resistance while the MACD death cross at -25.23 and RSI at 36.13 confirm the bearish structure, so any bounce into the upper band is likely to stall before testing the 50-EMA confluence zone.