Huang Licheng’s ETH leverage position is about to be liquidated—going from an over-100-million net worth to the brink of liquidation. The NFT profits he made are all wiped out in DeFi, and “mah-jie” is now numb.

Crypto界网消息，Maji Huang Licheng has reduced 700 ETH in long positions, approximately $1,240,110. The current position size is $3,900,000, with an average price of $1,643.88 to $1,645.79. The current profit and loss is -$49,899.08 (-31.99%), with the current ETH price at $1,625.00 and a liquidation price of $1,617.27. This trader previously profited from blue-chip NFTs but has experienced massive drawdowns since October, with funds shrinking from over a hundred million to several hundred thousand dollars.