Trader Secures Massive Profit from Ethereum Surge

A trader known as Maji has recently realized significant profit, increasing his initial investment of $500,000 to $2.04 million, following a rebound in Ethereum (ETH) prices. This trader capitalized on the ETH price surge above $3,000, purchasing at an average price of $2,910. Though a substantial profit has been made, Maji’s long position is currently at risk as the liquidation price sits at $2,881. Should market conditions worsen, he could experience potential losses.