"Maji" rolling long ETH positions increased to $19.9 million, while the actual net loss from this round of longs is $20k.

MarsBitNews · 2026-04-07T05:05:07+00:00

Ma Ji Huang Licheng experienced a large liquidation on March 26, with account funds dropping to $90k. He subsequently replenished to $1.17 million, but is currently still operating at a loss of about $20k. He holds a long position of $19.9 million in ETH and plans to gradually reduce his holdings near the $2,022 liquidation price.

MarsBitNews

2026-04-07 05:05:07

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Mars Finance news. On April 7, according to monitoring by Hyperinsight, “Maj i” Huang Licheng was liquidated due to a large position on March 26. His account had only about $90k remaining, after which he deposited $700k into Hyperliquid to top up his funds and start this round of going long. Since the liquidation to date, he has accumulated deposits of a total of $1.17 million into the platform. Combined with the remaining account funds, the total comes to $1.26 million. During this period there has been no withdrawal, but because continuous rolling and increasing positions have consumed funds, the account’s actual funds are currently about $1.24 million, meaning the net loss from this round of operations is about $20k. Although the long position size has been steadily raised, the account has not yet realized a positive return. It is reported that this address is currently holding a $19.9 million long position in ETH, with a liquidation price of $2,022. As of the time of writing, it has been gradually reducing its holdings in small amounts, and has placed sell orders in the $2,119 to $2,200 range, planning to reduce a position of about $2.97 million in batches.

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