From over 100 million to a few hundred thousand, MaJi's ETH long positions are about to be liquidated quickly; leverage is truly a double-edged sword.

Crypto界网消息，Maji Huang Licheng has reduced 420.00 ETH in long positions, approximately $716,058.00. The current position size is $2,820,552.00, with an average price of $1,721.01, and a current profit and loss of -$70,747.92 (-62.71%). The current ETH price is $1,678.90, and the liquidation price is $1,671.88. This trader previously profited from blue-chip NFTs, but since October this year, they have experienced massive drawdowns, with funds shrinking from over a hundred million to several hundred thousand dollars.