Huang Li-cheng, also known as "Maji," has recorded a net loss of $20,000 despite holding a substantial $19.9 million long position in Ethereum. According to Huoju Capital, Hyperinsight monitoring revealed that Huang suffered a significant liquidation on March 26, leaving him with $90,000. He subsequently deposited $700,000 into Hyperliquid to rebuild his position.
Since the liquidation, Huang has deposited a total of $1.17 million, bringing his account balance to $1.26 million. However, continuous rollovers and position increases have reduced his available funds to $1.24 million. Despite the losses, Huang is gradually reducing his position, placing sell orders between $2,119 and $2,200 to partially exit approximately $2.97 million of his holdings.
Huang Li-cheng's $19.9M ETH Long Position Faces $20K Net Loss
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