ETH Whale Huang Licheng (‘Brother Ma Ji’) Re-Opens 1,800 ETH Long, Sends 177 ETH to Hyperliquid After Morning Liquidation and $55.1M Loss

COINOTAG News on October 11, citing EmberCN monitoring, reported that trader “Brother Ma Ji” Huang Licheng transferred 177 ETH to Hyperliquid and converted it into 677,000 USDC, resuming long positions in both ETH and HYPE.

On-chain records detail derivative exposure consisting of a 1,800 ETH long with an entry price of $3,826 and a liquidation price at $3,505, together with a 55,000 HYPE long entered at $39.8 and a liquidation threshold of $28.8, indicating substantial notional leverage.

Previously reported metrics show a transition from a floating profit of $44.5 million to a current loss of $10.6 million over 22 days, representing a principal decline of $55.1 million attributed to concentrated longing activity.

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