"Majic Brother" Fully Liquidates Long Positions, Leaving Only $1278 in On-chain Account

According to Coin Mixer Navigation, on February 2, blockchain monitoring platform HyperInsight revealed that prominent figure "Majic Brother" Leon Huang liquidated his long positions in BTC, ETH, and HYPE. The operation reportedly resulted in further losses, leaving only $1278 in his on-chain contract account.

Additional on-chain records show that the account deposited 249,800 USDC into Hyperliquid two days prior, but the balance has since significantly decreased.