Ethereum trader 'Maji' Huang Li-cheng is experiencing a floating loss exceeding $230,000 on a leveraged long position. The position involves 7,400 ETH at 25x leverage, initially opened at $2,976.22, with a liquidation threshold at $2,866.48. Despite a $200,000 profit over the past week, the position has incurred a $3.46 million loss in the last month.