“Maji” has made its 162nd attempt at rolling long positions after repeated failures, with the current ETH long position liquidation price around $1938. On February 27, news from Coinbob reported that “Maji” Huang Licheng, after experiencing a previous liquidation, has once again initiated a new round of ETH long operations. This address recently deposited about $250,000 to establish ETH long positions, and then gradually expanded the position size to $13.5 million within three days through continuous rolling. Currently, it holds a 25x leveraged ETH long position with an average entry price of $1945, floating profit of approximately $430,000 (80%), and a liquidation price of about $1938, with a liquidation rate of approximately 2.42%. Looking back at the recent trades of this address, it often builds positions with hundreds of thousands of dollars, continuously pushing up the position size and average price through rolling. However, multiple attempts have been liquidated due to high average prices and market corrections. After liquidation, the address will deposit funds again and restart the next round of long positions in the same manner, possibly aiming for a significant rebound or the start of a bull market. Since October of last year, this address has cumulatively attempted to go long on various cryptocurrencies 162 times in nearly 5 months, with 18 of those being ETH long positions, and has net deposited about $15.68 million into Hyperliquid. Almost every transaction of deposited funds ultimately ended in a loss. $ETH
