Huang Licheng, also known as "Magic," manually liquidated a 2,700 ETH long position valued at $5.54 million to prevent forced liquidation. This strategic move, reported on April 2 by Lookonchain monitoring, was aimed at reducing the liquidation risk of his remaining position. Following this adjustment, Magic continues to hold a long position of 5,000 ETH, worth approximately $10.22 million. The liquidation price for this remaining position has been adjusted to $2,031.52, providing a buffer against market volatility.