From over a hundred million to a few hundred thousand—every cent made from NFTs has been given back. This is the endgame of high leverage.

Coinjie Media news: Ma Ji Huang Licheng reduced his long ETH position by 500 lots on the HyperLiquid platform, roughly worth $864,200. The current position size is $2,867,220. The average price has fallen from $1,747.07 to $1,743.45. His current profit and loss is -$96,656.53, and his loss ratio is -84.28%. The current coin price is $1,686.59, and the liquidation price is $1,648.26. This trader previously profited from blue-chip NFTs, but after becoming active again this year, he has suffered massive drawdowns one after another since October; his funds have shrunk from over $100 million to several hundred thousand dollars.