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COINOTAG News on September 22 reported that, according to HyperInsight monitoring, trader “Brother Ma Ji” Huang Licheng currently holds contract positions across three tokens, with a cumulative unrealized loss exceeding $18.89 million. The disclosure underscores concentrated derivative exposure and a material mark-to-market drawdown in his portfolio.
The position breakdown shows a 15x long in ETH carrying an unrealized loss of over $8.39 million with a liquidation price $3,550.4; a 5x long in PUMP with an unrealized loss above $7.67 million and liquidation price $0.0023085; and a 5x long in HYPE with an unrealized loss exceeding $2.83 million and liquidation price $16.019. Market participants should note the concentrated leverage and attendant margin considerations.
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