Maji’s Ether Long Position Falls to $54 Million Near Liquidation

Huang Licheng’s Ether (ETH) long position was reduced to about $54 million on Oct. 8 after continued liquidations, leaving it roughly $20 above its liquidation price as ETH traded near $2,487.

The position, associated with the trader known as “Maji,” was previously valued at about $92.88 million. Its remaining contracts had an entry price of $2,626.94 and a liquidation price of $2,466.95.

The account’s equity stood at $1.53 million, with the full amount used as margin for the Ether long position. The liquidation level was therefore below the reported market price by approximately $20 at the time of the update.

The position was cut as Ether fell below $2,500, bringing the remaining exposure closer to its liquidation threshold.