The more you lose, the fiercer you get! Big Brother Maji cuts his leveraged long at a floating loss of a million, then turns around and trades BTC again with 40x leverage
According to on-chain monitoring data from August 29, Big Whale Brother Maji Huang Licheng was in full floating losses across multiple leveraged positions.
• 25x leverage long 34,900 ETH, floating loss of $1.06 million
• 10x leverage long 155,000 HYPE, floating loss of $237,000
He subsequently stopped out his PUMP long (loss of $103,400) and stopped out his BTC long (loss of $237,000). After completing the cut, he opened a new 40x leveraged long for 100 BTC at an average entry price of about $76,700—his style remains aggressive.
In past market crashes, he has also had cases where his account nearly went to zero. High leverage poses a strong liquidation risk for both ordinary people and big whales.
$BTC $ETH
According to on-chain monitoring data from August 29, Big Whale Brother Maji Huang Licheng was in full floating losses across multiple leveraged positions.
• 25x leverage long 34,900 ETH, floating loss of $1.06 million
• 10x leverage long 155,000 HYPE, floating loss of $237,000
He subsequently stopped out his PUMP long (loss of $103,400) and stopped out his BTC long (loss of $237,000). After completing the cut, he opened a new 40x leveraged long for 100 BTC at an average entry price of about $76,700—his style remains aggressive.
In past market crashes, he has also had cases where his account nearly went to zero. High leverage poses a strong liquidation risk for both ordinary people and big whales.
$BTC $ETH
