Brother Maji used 25x leverage to go long on ETH, was liquidated, and then opened a new long position. The current total loss exceeds $29 million.

ETH-4,59%

Odaily Planet Daily reported that, according to Onchain Lens monitoring, as the market retraced, Machi Big Brother’s 25x leveraged ETH long position was fully liquidated.

After being liquidated, he opened a new 25x leveraged ETH long position. Currently, Machi’s total losses have exceeded $29 million.

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Taiwanese artist "Brother Maji" Huang Licheng has once again opened a long position on Ethereum (ETH), rolling from $250,000 to $13.5 million, using 25x leverage, with a liquidation price of approximately $1,948. His experience highlights the risks of high-leverage trading, with total losses reaching $15.68 million, serving as a warning to investors.

MarketWhisper1h ago
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ABigHeartvip
· 2h ago
How does he always have money to open contracts? He keeps losing every time, and I'm really curious about where his cash flow comes from—traditional assets, financing, or what?
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