Ma Ji pulled off another feat and grew the account to over $10 million.
But the truly outrageous part is this equity curve: $150k → $12.3m → $800k → $10m+
In August, he used high leverage to roll over ETH, turning $150k into $12.3m.
In September, the market turned choppy—his account kept bleeding back down, at one point dropping to only about $8m.
In this recent upswing, the account’s net value increased by more than $7 million within 24 hours, bringing it back to above $10 million.
So when I look at Ma Ji’s account now, I actually care a lot less about the “$10 million” number.
What’s more worth tracking are two things:
During the next drawdown, will he continue to ramp up his position size?
With this round of unrealized profit, how much will ultimately be left?
After all, for an account worth $10 million, it’s completely different to:
hold $10 million in cash, versus carrying a position size of more than $100 million in notional value.
So the equity curve that’s really worth watching may not be how high it can climb next time.
It’s how much is left after the next big bout of volatility.
The above is based on observations from publicly available on-chain data. Position sizes and profits/losses change in real time with market prices and account operations, and this does not constitute investment advice.#比特币突破8.5万美元 #以太坊突破2700美元
But the truly outrageous part is this equity curve: $150k → $12.3m → $800k → $10m+
In August, he used high leverage to roll over ETH, turning $150k into $12.3m.
In September, the market turned choppy—his account kept bleeding back down, at one point dropping to only about $8m.
In this recent upswing, the account’s net value increased by more than $7 million within 24 hours, bringing it back to above $10 million.
So when I look at Ma Ji’s account now, I actually care a lot less about the “$10 million” number.
What’s more worth tracking are two things:
During the next drawdown, will he continue to ramp up his position size?
With this round of unrealized profit, how much will ultimately be left?
After all, for an account worth $10 million, it’s completely different to:
hold $10 million in cash, versus carrying a position size of more than $100 million in notional value.
So the equity curve that’s really worth watching may not be how high it can climb next time.
It’s how much is left after the next big bout of volatility.
The above is based on observations from publicly available on-chain data. Position sizes and profits/losses change in real time with market prices and account operations, and this does not constitute investment advice.#比特币突破8.5万美元 #以太坊突破2700美元
