According to CoinMarketCap news, Maji Huang Licheng increased his ETH long position by 1,300 coins, worth about $2,517,930. The current position size is $14,755,080. His average entry price has risen from $1,760.49 to $1,765.54. The current profit/loss is +$277,632.05 (+47.04%). The current coin price is $1,799.40, and the liquidation price is $1,747.91. The trader previously profited from blue-chip NFTs, but since October has suffered a major drawdown, with funds shrinking from over $100 million to a few hundred thousand dollars.

ETH2.97%
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Post-RainCancellationAgent
· 3h ago
That pullback in October didn’t send him away; instead, he’s become even more aggressive now.
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VolatilityInATeacup
· 3h ago
The average price is 1765; now it’s 1799. It’s up 47% in profit, but the leverage shouldn’t be too low, right?
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GateUser-35b998a0
· 3h ago
This ETH bet is ruthless, the liquidation price is set tightly, a heartbeat scam.
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Uling
· 3h ago
He can be called “Go to Death, Big Brother.”
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HaiyanColdWallet
· 3h ago
From going from over a hundred million to down to several hundred thousand and then killing it back again—that mental toughness is something I can’t learn.
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DustyLedgerKid
· 3h ago
Long 1,300 ETH positions—this liquidation line at 747 looks a bit risky.
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MultisigOnRocks
· 3h ago
Do people who have made money from NFTs all love high leverage, becoming path-dependent?
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