The Big Brother Maji’s ledger: Where did the $37 million go, and what’s keeping him afloat?
On-chain data doesn’t lie:
🔸 Cumulative losses of about $37.46 million on Hyperliquid over a year and a half
🔸 Cumulative losses of $909,000 on Papertrade
🔸 Sold over 60 NFTs in six months to top up margin
🔸 Sold 34 BAYCs at a loss, recouping $510,000 but losing $630,000
🔸 Lost another $246,000 on 3 BAYCs
🔸 Sold 15 NFTs to raise $223,000, lost it all in four days
Once the “Godfather of Apes,” now an “on-chain liquidation case study.”
He turned $60,000 into $12 million, then 25x leverage dragged him back down to decimal-point territory—the problem wasn’t a lack of skill; he’d leveraged away his own margin for error.
He hasn’t left the scene:
Sell apes → add to positions → get liquidated → launch MACHI → endorse Papertrade
It’s not about paying off debt; it’s about finding the next spark.
Three hard facts for ordinary investors:
1️⃣ With 25x leverage, a 4% move against you wipes you out—even if you’re right about the trend, you can still get liquidated first
2️⃣ Blue-chip NFTs aren’t assets; they’re “piggy banks” for highly leveraged accounts
3️⃣ You can’t fill a hole in your futures account by constantly topping it up
The market has rewarded 💎 hands and punished paper hands.
But in Maji’s case, he lost by turning “conviction” into “margin.”
Whether trading futures or first-tier memes, respecting the market is always lesson number one. Play with small amounts, try to win big with little—but don’t get carried away. Get carried away, and you could become the next Maji.🫡$ETH ，$JCT ，$1000PEPE
On-chain data doesn’t lie:
🔸 Cumulative losses of about $37.46 million on Hyperliquid over a year and a half
🔸 Cumulative losses of $909,000 on Papertrade
🔸 Sold over 60 NFTs in six months to top up margin
🔸 Sold 34 BAYCs at a loss, recouping $510,000 but losing $630,000
🔸 Lost another $246,000 on 3 BAYCs
🔸 Sold 15 NFTs to raise $223,000, lost it all in four days
Once the “Godfather of Apes,” now an “on-chain liquidation case study.”
He turned $60,000 into $12 million, then 25x leverage dragged him back down to decimal-point territory—the problem wasn’t a lack of skill; he’d leveraged away his own margin for error.
He hasn’t left the scene:
Sell apes → add to positions → get liquidated → launch MACHI → endorse Papertrade
It’s not about paying off debt; it’s about finding the next spark.
Three hard facts for ordinary investors:
1️⃣ With 25x leverage, a 4% move against you wipes you out—even if you’re right about the trend, you can still get liquidated first
2️⃣ Blue-chip NFTs aren’t assets; they’re “piggy banks” for highly leveraged accounts
3️⃣ You can’t fill a hole in your futures account by constantly topping it up
The market has rewarded 💎 hands and punished paper hands.
But in Maji’s case, he lost by turning “conviction” into “margin.”
Whether trading futures or first-tier memes, respecting the market is always lesson number one. Play with small amounts, try to win big with little—but don’t get carried away. Get carried away, and you could become the next Maji.🫡$ETH ，$JCT ，$1000PEPE
