Maji added 1,400 ETH to this long position. They went from over 100 million down to just a few hundred thousand and still managed to turn it back. The liquidation price is quite tightly set, and the gamble is truly bold.

Crypto news, Maji Huang Licheng increased his ETH long position by 1,400 coins, approximately $2,375,920. Currently, the holdings amount to $7,187,020, with the average price adjusted from $1,649.08 to $1,654.06. The current profit and loss is +$74,561.37 (+25.94%), with the current coin price at $1,671.40 and the liquidation price at $1,636.36. This trader previously profited from blue-chip NFTs, but after becoming active this year, he has experienced massive drawdowns since October, with funds shrinking from over a hundred million to several hundred thousand dollars.