In-depth Analysis of Ma Jie's Recent Cryptocurrency Performance
This week saw significant volatility in the cryptocurrency market, drawing wide attention to Ma Jie's trading activities on the Hyperliquid platform. According to an analysis posted by Arkham on social media platform X, the Huang Licheng-led team suffered a $4.16 million loss this week, pushing its cumulative P&L to a new low of -$24.5 million.
Despite the significant losses, Ma Jie has not chosen to reduce or close positions. Instead, the team continues to hold its Ethereum long position. Currently, the value of their Ethereum holdings is approximately $1.7 million, with an unrealized profit of around $20,000.
Market Strategy and Future Outlook
Ma Jie's holding behavior demonstrates confidence in Ethereum's long-term value. Despite the short-term volatility causing significant pressure, their strategy suggests that the market fundamentals have not fundamentally changed.
- A $4.16 million loss recorded this week
- Total P&L dropped to -$24.5 million
- Continues holding Ethereum longs valued at approximately $1.7 million
- Unrealized profit currently at $20,000
As the cryptocurrency market gradually stabilizes, whether Ma Jie's persistence will lead to a turnaround remains worth watching.