After $450,000 Loss, 'Majie' Doubles Down with 10x HYPE Long Position

According to HyperInsight monitoring, on January 12, the address linked to Huang Li Cheng, known as 'Majie,' closed a long HYPE position with a $450,000 loss. However, the investor didn't back down and shortly reopened a 10x leveraged long position on 21,888.88 HYPE tokens, showing a minor floating loss of $1,300. Here's a breakdown of the current positions:

• Long 10,900 ETH at 25x leverage with a liquidation price of $3,001.40, currently at a $150,000 loss;
• Long 1,688.88 ZEC at 10x leverage with an $8,000 loss;
• Long 21,888.88 HYPE at 10x leverage with a $1,300 loss.

The ongoing trading activity has drawn significant market attention, highlighting the aggressive strategy employed despite previous losses.