Under no circumstances share a ride with Big Brother Maji.
Big Brother Maji got liquidated again.
This time, on October 8, his long positions in HYPE and PUMP were completely closed by the system, yet he didn’t exit.
And that Ethereum long position of his is now only one step away from liquidation.
I just checked the public accounts on his chain— the numbers are even clearer than what the media reported.
His account equity is $2.86 million, yet he’s holding a $74.03 million Ethereum long position.
The withdrawable balance is zero.
Because all the money is tied up in the margin.
29,200 ETH, 25x fully funded position.
The average entry price was $2,636, while the liquidation price was $2,487.
The current price of Ethereum is $2,528.
So as long as it drops another $41, the system will sell for him.
And on October 7, what on-chain monitoring still showed was 39,025 coins.
At that time, the unrealized loss on that position had already eaten up 99% of the principal.
One day later, there were only 29,200 coins left.
The nearly ten thousand in between are no longer in his hands.
You might think that was his own money.
Even if you end up losing everything, it has nothing to do with you.
But there’s one thing here that concerns you.
Because his liquidation isn’t only about him—it’s about the entire market.
When a $74 million position is forcibly sold, that trade uses the market price.
And the market price won’t wait for him.
So under the same underlying wick, the number of people who get swept away is never just him. And most of them don’t even know who’s standing next to them.
In CoinGlass’s aggregated data, the long positions liquidated over the past day were thirteen times the short positions.
Bitcoin perpetuals are currently at $82,449.
And on October 7, it crashed all the way down from 85,507—giving back in a single day the entire week’s gains.
The big player’s long-to-short position ratio is still 1.57.
In other words, the longs still hold 60% of the position, with a group of people standing on his side.
They use roughly the same leverage, waiting for roughly the same move—except that move is a passive execution, not an active choice.
That’s the most dangerous part of riding the same car.
It’s not that the direction was wrong—your brakes are in the same spot.
Over the past year, he lost $80 million on Hyperliquid—and that wasn’t the first time he got wiped to zero.
In that drop in January, he was liquidated five times within a single day.
At his most intense, he was forcibly liquidated 71 times in a single month.
So the platform gave him a title.
And on August 18, his Ethereum long positions were still only $9.22 million.
Two months later, that number became 74 million.
The more they’re losing, the more they double down.
His account peaked in 2022 at nearly $150 million.
And now the on-chain valuation is only $3.9 million—from $150 million down to $3.9 million—four years apart in between.
Withdrawable funds are still zero.
So when judging whether someone can be followed, you don’t need to look at their screenshots of returns. Those screenshots only record the days they made money.
You only need to look at his three numbers.
Leverage, liquidation price, withdrawable balance.
If even one of these three numbers is bad, don’t get on the train—because what you’re following was never him as a person, but his leverage.
So never ride in the same car as him, and don’t ride in the same car with anyone else.
It’s better to follow a method than one person.
Don’t look at a star’s position—better look at when they get cleared out.
—MK守约
