From over a hundred million to a million, then to this 1.37 million-dollar long position, buddy, is this ETH bottom-fishing a desperate counterattack or the final dance?

CoinWorld News reports that Ma Ji Huang Licheng increased his ETH long position by 175 units on the HyperLiquid platform, approximately $236,915.00. The current position size is $1,374,975.00. The average entry price has been adjusted from $1,699.09 to $1,582.88, and the current profit and loss is -$10,046.82 (-18.27%). The current coin price is $1,571.40, and the liquidation price is $1,543.63. This trader previously profited from blue-chip NFTs, but since October he has suffered a significant drawdown, with funds shrinking from over 100 million to several hundred thousand dollars.