“Maji Big Brother” Huang Licheng’s nearly $100 million Ethereum long position is nearing liquidation; it is currently only $63 away from the liquidation price.
Huang Licheng opened a long position of 41,000 ETH with 25x leverage, worth over $98 million. His entry price was $2,443.44, liquidation price was $2,342.15, and the current price is $2,405. Before the deadline, he added another 500 ETH, lowering the average entry price. He has given back most of his recent profits, and has lost $4.3 million over the past week.$ETH