Understand Big Brother Maji's profit-taking logic! Why does ETH get partially sold off during its rise?
Big Brother Maji did not choose to hold full positions rigidly this round; instead, he continuously took profits as ETH rallied. This operation is worth analyzing.
ETH is the core position in the account, held with 25x leverage and the largest position size, contributing the vast majority of unrealized gains. As the price rises, he keeps selling parts of the position, converting unrealized gains into real profits, while retaining the base position to avoid missing out on subsequent market moves.
The 40x BTC long position was not reduced, indicating he remains optimistic about BTC's overall market trend; the small HYPE position is slightly underwater, serving as a speculative bet within the portfolio, small in size and aimed at capturing altcoin excess returns.
This combination strategy of “taking profits on the core position while it rises + retaining the base position + small speculative altcoin bets” is a classic approach for high-leverage large holders. The advantage is that in a rising market, profits can be secured to avoid the risk of sudden reversals. The downside is the extremely high leverage; even after taking some profits, the remaining position cannot withstand sharp price spikes.
Large holders' trading strategies match their own risk tolerance; ordinary traders should not directly copy operations with dozens of times leverage. $BTC$ETH$SOL
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