According to Mars Finance, on February 4th, Hyperinsight monitoring showed that Huang Licheng, nicknamed "Maji," had deposited approximately $13.16 million into Hyperliquid since October of last year, without making any withdrawals. His account balance is currently only about $60,000, with almost every deposit ending in a loss. His most recent deposit was approximately $250,000 on February 2nd, which was immediately used to open high-leverage long positions in ETH and HYPE and continuously rolled over, resulting in another liquidation today. Thus, the account's funds have shrunk by over $50.3 million from its peak of approximately $50.39 million in September of last year. Aside from a small withdrawal, the vast majority of the losses are from lost profits and liquidation. Huang Licheng is a Taiwanese entertainer who previously profited from blue-chip NFTs. He became active on the Hyperliquid platform in mid-2025. Since October of that year, he has experienced a series of massive liquidations, with his total holdings shrinking from over $100 million to the current level of $100,000.
"Maji" has deposited a total of $13.16 million since October, which has been almost completely wiped out, with his funds having fallen by more than $50.3 million from its peak.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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