"Maji" rolling long ETH positions increased to $19.9 million, while the actual net loss from this round of longs is $20k.

BlockBeatNews · 2026-04-07T05:05:46+00:00

Ma Ji Huang Licheng experienced a large liquidation on March 26 and deposited $700k into Hyperliquid to go long. Currently, the total funds amount to approximately $1.26 million. Despite having a $19.9 million ETH long position with a floating profit of $140k, he still faces a net loss of $20k and plans to reduce his position gradually within the $2,022 to $2,200 range.

BlockBeatNews

2026-04-07 05:05:46

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BlockBeats message, April 7, according to monitoring by Hyperinsight, “Majidi” Huang Licheng was subject to a large liquidation on March 26, with the account leaving only about $90k; subsequently, he deposited $700k to Hyperliquid to top up funds, initiating this round of going long.

Since the liquidation to date, he has cumulatively deposited a total of $1.17 million into the platform, and when combined with the remaining account funds of $1.26 million. During the period, although there have been no withdrawals, due to ongoing rolling and position building that consumed capital, the account’s actual funds currently stand at about $1.24 million, meaning a net loss of roughly $20k from this round of operations. While the long position size has continued to be pushed higher, the account has not yet realized positive returns.

It is understood that the address currently holds a $19.9 million ETH long position, with an unrealized gain of $140k and a liquidation price of $2,022. As of the time of publication, it has been gradually reducing its holdings in small amounts, and has placed sell orders in the $2,119 to $2,200 range, planning to reduce a position of about $2.97 million in batches.

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