Maji, this wave of ETH long positions is about to hit the liquidation line, from over a hundred million to tens of millions and now this, the money made from NFTs all goes into filling the contract holes, even veteran traders are shaking their heads.

CoinWorld News, Ma Ji Huang Licheng reduced 3,300 ETH long positions, which is approximately $5,915,640 at the current price. His total holdings amount to $10,994,760, with an average price of $1,755.24, and a current profit and loss of -$63,292.82, a decline of -14.39%. The current price of the coin is $1,745.19, and the liquidation price is $1,741.85. This trader previously profited from blue-chip NFTs, but since October, his funds have shrunk from over 100 million to several hundred thousand dollars.