"Maji" has made his 162nd rollover long position after repeated failures, with the liquidation price for this round of ETH long positions at approximately $1938.
PANews reported on February 27th that, according to Coinbob monitoring, "Maji" Huang Licheng has restarted a new round of ETH long positions after experiencing a previous liquidation. This address recently deposited approximately $250,000 to establish long ETH positions, and subsequently, through continuous rolling over, gradually increased the position size to $13.5 million within three days. Currently, it holds ETH long positions with 25x leverage, an average holding price of $1945, a floating profit of approximately $430,000 (80%), a liquidation price of approximately $1938, and a liquidation loss of approximately 2.42%.
Looking back at the recent transactions of this address, it frequently established positions with hundreds of thousands of dollars, continuously increasing its holdings and average price through rolling over positions. However, multiple attempts resulted in liquidation due to excessively high average prices and market corrections. After liquidation, the address would deposit funds again and start the next round of long positions in the same way, perhaps aiming to bet on a large-scale rebound or the start of a bull market. Since October of last year, this address has attempted to go long on various cryptocurrencies 162 times in the past five months, including 18 long positions on ETH, with a total net deposit of approximately $15.68 million into Hyperliquid. Almost every deposit ended in a loss.
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