"Maji" has deposited a total of $13.16 million since October, which has been almost completely wiped out, with his funds having fallen by more than $5...
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TL;DR
Huang Licheng, known as 'Maji', has lost nearly all of his $13.16 million deposited since October on Hyperliquid due to high-leverage trades and liquidations, with his account now at about $60,000.
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EthereumSmart ContractsHyperliquidLayer 1YDecentralized Exchange (DEX) TokenHuang Lichengliquidationcrypto losseshigh-leverage trading
According to Mars Finance, on February 4th, Hyperinsight monitoring showed that Huang Licheng, nicknamed "Maji," had deposited approximately $13.16 million into Hyperliquid since October of last year, without making any withdrawals. His account balance is currently only about $60,000, with almost every deposit ending in a loss. His most recent deposit was approximately $250,000 on February 2nd, which was immediately used to open high-leverage long positions in ETH and HYPE and continuously rolled over, resulting in another liquidation today. Thus, the account's funds have shrunk by over $50.3 million from its peak of approximately $50.39 million in September of last year. Aside from a small withdrawal, the vast majority of the losses are from lost profits and liquidation. Huang Licheng is a Taiwanese entertainer who previously profited from blue-chip NFTs. He became active on the Hyperliquid platform in mid-2025. Since October of that year, he has experienced a series of massive liquidations, with his total holdings shrinking from over $100 million to the current level of $100,000.