A trader, known as "Maji," has experienced significant financial setbacks, being liquidated 22 times within a 24-hour period, resulting in a loss of $1.047 million. This brings the trader's total account losses to $18.56 million. Despite these setbacks, the trader has opened a new $340,000 long position on Ethereum with 25x leverage at an entry price of $2,738.76, seeking to recover from recent losses.