Taiwanese rapper and cryptocurrency personality “Brother Maji” Huang Licheng has been enthusiastic about trading cryptocurrencies in recent years, but unexpectedly, he has repeatedly hit rock bottom and been liquidated over the past few months. According to statistics, since October last year, Huang Licheng has invested approximately $13.16 million USD into Hyperliquid, but almost every transfer has ended in losses. His current account balance is only about $53,000 USD. This blood, sweat, and tears trading history has also earned him the nickname “Liquidation King.”
Huang Licheng is known for his aggressive leverage trading, often using 25x leverage to go long on Ethereum and Hyperliquid’s native token HYPE. However, he has repeatedly failed in a cycle of “adding to position > liquidation > recharging,” setting an astonishing record of 71 forced liquidations in a single month. To date, the total number of liquidations has even reached 252 times.
On-chain data shows that Huang Licheng just transferred in $250,000 USDC on Monday, but his long positions in Ethereum and HYPE were liquidated again last night (3rd). Now, his account funds are only $53,000 USD, down more than 99% from the peak of $503.9 million USD in September last year.
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