Market Downturn Wipes Out $2 Million for 'Majie', Liquidation Price for Remaining Longs Approaches $2,786.64

According to HyperInsight monitoring, on January 30, during a significant market downturn, the account linked to 'Majie' faced heavy liquidations. Data shows a single-day loss of $2 million.

Currently, only 2,500 ETH long positions remain in the account, with a floating loss exceeding $430,000. The liquidation price stands at $2,786.64. Further market declines may trigger additional forced liquidations.