"Ma Ji" Huang Licheng's BTC short-term loss of $220,000, ETH large long positions approaching liquidation line

【BlockBeats】According to on-chain data monitoring, on the morning of January 20th, well-known trader “Maji” Huang Licheng opened 11 BTC long positions at a price of approximately $92,858, with a total position value of $1.017 million. Before noon, at 14:20, he closed all positions directly, and this short-term operation ultimately resulted in a loss of about $22,000.

Interestingly, at the same time, he also took a small stop-loss on his ETH long positions, mainly to lower the overall liquidation price. His ETH long position size is still quite large—$40.83 million, with an average entry price around $3,234, and an unrealized loss of about $1.22 million. More importantly, the liquidation price has already been set at $3,110, which means that at the current price, this position has only 0.73% of downward movement left before being forcibly liquidated.

Speaking of this trader, he made quite a bit of money early on trading blue-chip NFTs, but since becoming active in futures trading in October this year, he has suffered quite a few losses. His account size has shrunk from over a billion dollars to the current level. Recently, he has been frequently entering and exiting positions, and high-frequency short-term trading has become his signature style. This recent operation is just a continuation of his recent trading style—quick in and out—but clearly, the market has not been very cooperative.