【Maji Big Brother Episode 7: From the Brink of Liquidation to a Floating Profit of 150K U, then Losing Half in 15 Minutes】
Data time: 9/17 22:12 (open on-chain positions; Hyperliquid—check for yourself)
▬ Today’s roller coaster
· 03:38 Long ETH 9,700 contracts, opened at 2,447.93, liquidated at 2,367.95, account: 752K U
· 17:31 Only 1.67% left before liquidation (current price 2,444 / liquidation 2,403) — less than $41 away from liquidation
· 19:18 Added to 13,602 contracts, opened at 2,445.65, liquidated at 2,403.48, floating loss: -159K U
· 21:57 Added to 15,500 contracts, opened at 2,449.43, liquidated at 2,419.77, floating profit: +151K U, account: 1.361M U
· 22:12 Same 15,500 contracts, floating profit: +71K U, account: 1.280M U
▬ Key point 1: He isn’t waiting for a rebound—he adds positions while holding through the pain
Positions 9,700 → 13,602 → 15,500 contracts (+60%). Notional position size increased from 23.75M U to 38M U.
At the same time, the liquidation price was pushed up all the way from 2,367.95 to 2,419.80—margin did not increase proportionally with the position size, and leverage was cranked to the limit:
Account 1.280M U vs notional 38M U—about 30x in practice.
▬ Key point 2: The 80K U swing in the last 15 minutes is the real focus
At 21:57: floating profit +151K U; at 22:12: only +71K U remained. During the period, $ETH only dropped by about $9 (0.4%).
With 30x leverage, a 1% price move translates to roughly a 30% move in the account.
His current liquidation price is 2,419.80, just 1.41% away from the current price—about one $30 “needle” wick could wipe out the entire 38M U.
▬ Key point 3: ETH 2,403 is the line that decides this round
The counterparty’s top short on ETH: Short ETH 14,402 contracts, opened at 2,425.36, floating loss: -410K U
(At 21:57: -495K U; three hours earlier it was only -228K U—today he kept adding to his shorts: 14,083 → 14,402 contracts)
Their position sizes are almost the same, but the directions are completely opposite. Every 1% move in ETH means hundreds of thousands of U transfer between the two accounts.
▬ My take
I’ve always emphasized liquidation price, because that’s the only position that forces you out: a level not controlled by emotions, not dependent on fundamentals, and when time is up you must execute. Today’s long-vs-short showdown around the 2,403 line is the most straightforward example.
But distinguish two things: understanding what he’s betting on, and betting alongside him are two different matters. He’s betting that he can withstand the needle wicks—you may not be able to.
Data source: Hyperliquid public on-chain positions; everyone can check. Not investment advice.
Data time: 9/17 22:12 (open on-chain positions; Hyperliquid—check for yourself)
▬ Today’s roller coaster
· 03:38 Long ETH 9,700 contracts, opened at 2,447.93, liquidated at 2,367.95, account: 752K U
· 17:31 Only 1.67% left before liquidation (current price 2,444 / liquidation 2,403) — less than $41 away from liquidation
· 19:18 Added to 13,602 contracts, opened at 2,445.65, liquidated at 2,403.48, floating loss: -159K U
· 21:57 Added to 15,500 contracts, opened at 2,449.43, liquidated at 2,419.77, floating profit: +151K U, account: 1.361M U
· 22:12 Same 15,500 contracts, floating profit: +71K U, account: 1.280M U
▬ Key point 1: He isn’t waiting for a rebound—he adds positions while holding through the pain
Positions 9,700 → 13,602 → 15,500 contracts (+60%). Notional position size increased from 23.75M U to 38M U.
At the same time, the liquidation price was pushed up all the way from 2,367.95 to 2,419.80—margin did not increase proportionally with the position size, and leverage was cranked to the limit:
Account 1.280M U vs notional 38M U—about 30x in practice.
▬ Key point 2: The 80K U swing in the last 15 minutes is the real focus
At 21:57: floating profit +151K U; at 22:12: only +71K U remained. During the period, $ETH only dropped by about $9 (0.4%).
With 30x leverage, a 1% price move translates to roughly a 30% move in the account.
His current liquidation price is 2,419.80, just 1.41% away from the current price—about one $30 “needle” wick could wipe out the entire 38M U.
▬ Key point 3: ETH 2,403 is the line that decides this round
The counterparty’s top short on ETH: Short ETH 14,402 contracts, opened at 2,425.36, floating loss: -410K U
(At 21:57: -495K U; three hours earlier it was only -228K U—today he kept adding to his shorts: 14,083 → 14,402 contracts)
Their position sizes are almost the same, but the directions are completely opposite. Every 1% move in ETH means hundreds of thousands of U transfer between the two accounts.
▬ My take
I’ve always emphasized liquidation price, because that’s the only position that forces you out: a level not controlled by emotions, not dependent on fundamentals, and when time is up you must execute. Today’s long-vs-short showdown around the 2,403 line is the most straightforward example.
But distinguish two things: understanding what he’s betting on, and betting alongside him are two different matters. He’s betting that he can withstand the needle wicks—you may not be able to.
Data source: Hyperliquid public on-chain positions; everyone can check. Not investment advice.