Ethereum Trader Holds Significant Leveraged Position

According to Odaily, a trader known as 'Maji Dage' currently holds a leveraged long position of 7,100 ETH, valued at $22.3 million. The position was opened at a price of $3,005.8, and it has generated an unrealized profit of $975,000. The trader has placed a limit sell order for 200 ETH in the price range of $3,188.8 to $3,200. If the price increases by $48, the sell order will be triggered.