Maji closed part of its long positions to cut losses as prices approached liquidation levels.

TechFlow reports, on September 2, according to Yu Jin's monitoring, Maji recently stopped out and closed a portion of their long positions, as prices neared their liquidation level, with ETH approximately $50 away from liquidation and BTC around $1,800 away. Previously, through rolling longs, Maji grew a position starting at roughly $150,000 into $11 million during a sharp rally, and is currently adjusting positions amid market volatility and a pullback.