『Majie』 Account Suffers $1 Million Loss in Long Positions After Previously Gaining Over $1.3 Million in Profit

According to HyperInsight monitoring, on January 19 during a sharp market downturn, the long positions linked to『Majie』suffered significant floating losses totaling $1 million. Previously, the account had enjoyed over $1.3 million in unrealized profits before market volatility wiped it out.

Detailed Position Overview

The data reveals aggressive leveraged bets across multiple assets, including the following:

• Long 10,400 ETH at 25x leverage with a liquidation price of $3,102.12, currently down $260,000;
• Long 333,000 HYPE tokens at 10x leverage, liquidation at $20.39, currently down $480,000;
• Long 5,200 ZEC at 10x leverage, liquidation at $125.70, currently down $236,200;
• Long 11 BTC at 40x leverage, down $29,300.

This sudden reversal from profit to loss highlights the risks of high leverage trading amid volatile market conditions, serving as a reminder to investors to approach leveraged instruments with caution.