On-chain whale movements overview: "Maji" remains steadfast despite repeated defeats, "shorting 66,000 ETH with borrowed coins" as whales accelerate selling

According to Hyperinsight monitoring, the following is an overview of the trending active whale movements on-chain in the past 24 hours:

This morning, "Maji" had a 25x long position in ETH completely liquidated, resulting in a loss of approximately 3.6 million dollars. Subsequently, he took another 25x long position in ETH, and just 15 minutes ago, he was still increasing his long position. As of the time of writing, his long position has reached 3,900 ETH, with an unrealized profit of 286,600 dollars.

The whale address that "borrowed 66,000 ETH to short" deposited another 26,000 ETH into Binance last night, worth approximately 82.47 million dollars.

On Hyperliquid, the largest short position in ZEC has incurred a loss of over 22.04 million dollars. This address has been holding the position for over a month and transferred an additional 5 million USDC to the account early yesterday morning to increase the margin.