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🚨80 million USD gone, this time "Brother Ma Ji" didn't add to his position!
Another very painful data point has been revealed on-chain. 👀
Arkham posted,
"Brother Ma Ji" Huang Licheng,
over the past year,
has been trading perpetual contracts on Hyperliquid,
and his total losses have reached 80 million USD. ⚠️
This number is not fluctuation,
but real, long-term consumption.
More importantly, this time, the details 👇
after this round of liquidation,
he did not, as before,
immediately add funds to his account.
This step,
is more sensitive in the market's eyes than the loss itself.
Because seasoned players all know:
Those who can add to their positions, the market still fears their return.
Those who don't add, the market begins to reprice. 👀
The cruelest thing about the futures market is,
it doesn't remember how much you once made.
It only remembers where you were last liquidated.
80 million USD is not a mistake,
but more like the result of a prolonged high-leverage game.
And when a long-term active heavy-position trader suddenly "falls silent",
it often means the rhythm has changed.
Sometimes the market isn't broken through by price,
but gradually eroded by emotions and confidence.
What’s more worth observing next is not the loss amount,
but:
whether he will come back again. 🔥