Trader Maji Expands ETH Long to $14.4M with 60% Return, Liquidation at $2,035

Trader Maji Huang Licheng increased his ETH long position to $14.4 million, raising his average entry from $2,023 to $2,066 and bringing unrealized profit to about $350,000 with a 60% return, Coinbob Hot Address Monitoring data show on March 5. The address shows a liquidation price of $2,035 and a take-profit setup between $2,130 and $2,202 to partially close 10% of the position. Within two days, the twentieth ETH long grew a $250,000 principal to $860,000 and moved the liquidation threshold from $1,949 to $2,066. ChainThink reports the trader previously gained in blue-chip NFT trading, but his account balance has fallen sharply from over $100 million amid significant drawdowns since becoming more active from October last year.