🔥 Majie Ge also reduced his position again! This time he takes profit on 11 BTC long positions
On-chain data just updated—Majie Huang Licheng has trimmed 11 BTC from his BTC long positions, about $850,000. His current average entry price is $77,666, with an unrealized profit of +28%.
But don’t be fooled by appearances—this guy only experienced a major drawdown on August 28. At that time, his BTC long positions were down by $345,000 unrealized, his ETH longs were down by $9.5 million unrealized, and the three major long positions combined were down by over $1.6 million. From shrinking funds of over 100 million to just tens of thousands, then using a rebound to recover back to the 10-million level. This move—if you don’t have a strong heart, you really can’t handle it.
Let’s talk about the market: BTC is currently at $78,215, and the $80,000 level faces clear pressure. On-chain data shows a surge in BTC inflows to exchanges, with Binance daily average inflows exceeding 10,000 BTC. Short-term holders’ profits are heating up, and the pressure to lock in gains is significant. Majie’s short-term take-profit actions may also reflect this sentiment.
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Opportunities for players with small capital: a new “little dog” under the Musk concept—purely driven by the CTO community; the community is very strong. Play with a small position—the logic of turning one bike into a motorcycle.
Personal analysis only, for reference. DYOR.#美联储9月加息概率升至57% #提词员付17万美元和解内幕交易案 #美国短期国债收益率上涨
On-chain data just updated—Majie Huang Licheng has trimmed 11 BTC from his BTC long positions, about $850,000. His current average entry price is $77,666, with an unrealized profit of +28%.
But don’t be fooled by appearances—this guy only experienced a major drawdown on August 28. At that time, his BTC long positions were down by $345,000 unrealized, his ETH longs were down by $9.5 million unrealized, and the three major long positions combined were down by over $1.6 million. From shrinking funds of over 100 million to just tens of thousands, then using a rebound to recover back to the 10-million level. This move—if you don’t have a strong heart, you really can’t handle it.
Let’s talk about the market: BTC is currently at $78,215, and the $80,000 level faces clear pressure. On-chain data shows a surge in BTC inflows to exchanges, with Binance daily average inflows exceeding 10,000 BTC. Short-term holders’ profits are heating up, and the pressure to lock in gains is significant. Majie’s short-term take-profit actions may also reflect this sentiment.
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Opportunities for players with small capital: a new “little dog” under the Musk concept—purely driven by the CTO community; the community is very strong. Play with a small position—the logic of turning one bike into a motorcycle.
Personal analysis only, for reference. DYOR.#美联储9月加息概率升至57% #提词员付17万美元和解内幕交易案 #美国短期国债收益率上涨
