"Ma Ji" has experienced its 162nd round of rolling long positions after repeated failures. The current liquidation price for ETH long positions is approximately $1,938.

On February 27, according to Coinbob monitoring, "Ma Ji" Huang Licheng has started a new round of ETH long positions after experiencing a margin call in the previous round. The address recently deposited about $250,000 to establish ETH long positions, then continuously rolled over the positions, gradually increasing the scale to $13.5 million within three days. Currently, it holds ETH long positions with 25x leverage, an average entry price of $1,945, with an unrealized profit of about $430,000 (80%), and a liquidation price around $1,938, with a liquidation risk of approximately 2.42%.

Reviewing recent transactions of this address, it often builds positions with tens of thousands of dollars, continuously increasing the size and average price through rolling over. However, multiple attempts have been liquidated due to high average prices and market pullbacks. After liquidation, the address deposits funds again, restarting the next round of longs in the same manner, possibly aiming for a major rebound or the start of a bull market. Since October last year, this address has attempted to go long on various cryptocurrencies 162 times over nearly five months, including 18 times on ETH, with a total net deposit of about $15.68 million into Hyperliquid. Almost every deposit ultimately ended in a loss. $ETH