If ETH drops by 1%, it will hit the liquidation zone of multiple large whales, with tens of millions of dollars in positions likely to liquidate before 'Maji'.

According to TradingBeats' monitoring, Ethereum (ETH) is trading at around $2,656.9. Five million-dollar-level long positions total approximately $32.129 million, with liquidation prices clustered between $2,613.9 and $2,631.6, just 0.95% to 1.62% lower than the current price. The nearest liquidation range sits between $2,628.59 and $2,631.62, covering three whales with a combined long position of about $8.868 million, 0.95% to 1.07% from the current price (addresses: 0xb1da, 0xdbbd, 0xd83c). Below that, around $2,622.42, another long position of roughly $3.055 million faces liquidation risk, 1.30% lower than the current price (address: 0x0884). The largest single liquidation threshold is at $2,613.89, corresponding to a long position of about $20.205 million, accounting for 62.9% of the total positions of the five addresses, 1.62% from the current price (address: 0xcd98). This largest position has an average entry price of $2,656.42, almost identical to the current price, currently holding a small unrealized profit of around $3,604, and only about $43 away from its estimated liquidation line. Additionally, crypto personality "Maji" (Huang Licheng) currently holds $95 million worth of ETH long positions, with a liquidation price of $2,555 and an unrealized loss of $624,000. He previously planned to take profit above $2,670.