Recently came across a quite interesting market story, I need to clarify this for everyone.

After the Lunar New Year holiday, the crypto market did not usher in the expected bullish rally, but instead faced a wave of ruthless sell-offs. Bitcoin dropped from $67,500 and broke below the critical support level of $65,000, triggering a chain liquidation of high-leverage long positions. During this market turbulence, well-known investor Brother Ma Ji, Huang Licheng's Bitcoin and Ethereum long positions were forcibly liquidated across the board, with total losses exceeding $27 million.

Interestingly, shortly after being liquidated, Brother Ma Ji quickly turned around and opened a 25x leveraged long position on 1,700 ETH. This contrarian move truly demonstrates his unique trading resilience. This major investor has long been known in the crypto community for "crying while going long," even in bearish market sentiment, habitually betting high leverage on rebounds. From one perspective, this style is both admirable and nerve-wracking.

A fascinating contrast is that at the same time, the Taiwan stock market opened in the green. After the market reopened on Monday, the Taiwan stock index surged over 600 points, breaking the 34,000-point mark and setting a record. Driven by tech stocks and large-cap stocks, the traditional financial market atmosphere was very optimistic. But the crypto market was different. Bitcoin hovered around $67,000 during the Lunar New Year, but suddenly turned volatile on the day Taiwan resumed trading. This decoupling phenomenon makes risk management especially difficult for high-leverage traders like Brother Ma Ji.

Beyond the headwinds in financial markets, Brother Ma Ji also publicly shared his track record in Taiwanese film investments, which is even more painful to see. Since investing in "Seediq Bale" in 2011, he has continuously invested in Taiwan’s film industry. But according to his own disclosed details, out of 14 films that have been released, as many as 9 are marked as "loss-making," with an investment success rate of less than 40%.

Films like "Transform," "Cry Sad," "Reincarnation Offense," "The Cursed," and the recent "Kung Fu" are all in the loss column. Even the critically acclaimed "Seediq Bale" in Taiwan’s box office is marked as a loss in Brother Ma Ji’s records, shocking many netizens. The only projects that brought him significant profit are the "Zong Xie" horror series’ first three installments and the billion-dollar hit "The Moon Lady."

But Brother Ma Ji’s attitude is surprisingly optimistic. Not only did he openly share this "blood and tears" history, but he also loudly declared in a post, "I support domestic films." This passionate statement even caught the attention of his partners, with director Jiu Bazhao clarifying in the comments that one of the films actually did not lose money. For upcoming films like "Repayment" and "Palm Reader," Brother Ma Ji also expressed a simple hope: "Hope they don’t lose money."

Netizens highly praise Brother Ma Ji’s spirit of wholeheartedly supporting local creations with real money. Compared to those who only criticize online or ask the government for subsidies, investors like Brother Ma Ji who are willing to keep investing and stand with creators are truly influential. From the explosion of margin calls in the crypto market to box office battles in the film industry, Brother Ma Ji always maintains his unique investment resilience. Even amid the shadows of liquidation and detailed losses, he remains the fearless investor in Taiwan’s eyes—one who is willing to send help in the cold winter.