“After being liquidated, ‘Maji’ deposited another $250,000 to go long, bringing the total value of the long positions to about $5.88 million”
Let’s clearly address the questions everyone cares about most—
Q1: Is this bullish or bearish?
A: Somewhat bearish, though sentiment is often exaggerated.
Q2: Will it be reflected in the price immediately?
A: Not necessarily. There’s often a lag between news and price movements, so first check whether open interest is rising or falling.
Q3: What should we watch next?
A: Whether the parties involved respond.
Q4: Should you adjust your position because of this?
A: I generally don’t change my plans based on a single piece of news unless the price gives a signal. $ETH is currently at 2247.26, down 3.3% over 24 hours, and worth adding to the watchlist.

#ETH