From over a hundred million to a few hundred thousand, the money earned from MaJie's NFT wave has all been pumped back into the market; leverage is truly a double-edged sword.

Crypto news, Maji Huang Licheng increased his ETH long position by 450 units on the HyperLiquid platform, approximately $995,955, with a total holding value of $5,309,275. The average price was adjusted from $2,009.25 to $2,007.31. Currently, this long position has a profit and loss of -$10,100.44, with the current coin price at $2,003.50 and a liquidation price of $1,962.71. This trader previously profited from blue-chip NFTs, but since becoming active this year, he has experienced massive drawdowns starting in October, with funds shrinking from over a hundred million to several hundred thousand dollars.