Huang Licheng, also known as "Majie Dage," is facing potential liquidation of his Ethereum long position as the cryptocurrency market experiences a downturn. Over the past week, Licheng has suffered losses exceeding $2.32 million, reducing his long positions to $23.27 million. His Ethereum holdings, valued at $19.07 million, were opened at $2,325.24 and are at risk of liquidation if prices fall to $2,217.86. Additionally, Licheng holds a $4.2 million Bitcoin long position, with a liquidation threshold of $74,471.1.