Maji Trader: Liquidated on 5950 ETH Long Position

Maji Trader suffered another forced liquidation of 5950 ETH long contracts 20 minutes ago, booking a $555k loss on the trade and bringing his cumulative 30-day deficit to $4.09m; the position had already cost him $1.095m overall and marks the second liquidation in ten days after a prior $467k hit. ETH currently prints $1979.78 on the 4h chart, sitting below both the EMA50 at $2098.99 and EMA200 at $2200.64 in a clear bearish trend structure while the MACD registers a death cross at -25.95 and RSI(14) at 25.12 signals oversold conditions at the lower Bollinger Band support of $1993.97. The same wallet still holds 16325 ETH, 455 BTC and 118k HYPE tokens with a combined $76m notional and modest unrealized gains, yet the repeated liquidations underscore how leveraged long exposure continues to face pressure in the prevailing macro-technical setup.