Brother Ma Ji, Huang Li Cheng, gets liquidated for 1.67 billion and surprisingly says "it's very interesting"! His heart is harder than BTC.

MarketWhisper
BTC0,61%
ETH2,52%
HYPE4,79%
XPL-1,35%

American-Taiwanese rapper Huang Li-Cheng (Brother Ma Ji) shocks the crypto world with his liquidation in crypto assets! Originally profiting 44.5 million USD (1.37 billion TWD), he pulled back and suffered a loss of 10 million USD (300 million TWD), with a total loss of 1.67 billion TWD. This “crypto world trading king,” who once made 195 million from HYPE coin, calmly responded that “the process was very interesting,” igniting netizens' astonishment.

Huang Li-Cheng's Crypto Assets Get Liquidated Record: From 1.37 Billion Profit to a 300 Million Loss

Recently, the cryptocurrency market has sparked an incredible storm, with L.A. Boyz member and Taiwanese-American singer Huang Licheng (Ma Ji Da Ge) becoming the center of attention due to his Get Liquidated in crypto assets. According to on-chain data tracking, Huang Licheng operated Ethereum on the decentralized derivatives exchange Hyperliquid, achieving a staggering profit of up to 44.5 million dollars (approximately 1.37 billion NTD) in just over 20 days. This figure has once again earned him the titles of “crypto world legend” and “crypto world trading king,” with the community passionately discussing his trading strategies and astonishing returns.

However, the market took a sharp turn downwards as Trump's announcement of a 100% tariff on China triggered panic in the global market, causing Bitcoin to plummet over 13% and Ethereum to suffer a simultaneous sharp decline. Huang Licheng's high-leverage long positions faced disaster during this wave of crypto asset liquidations. Ultimately, he not only lost all of his profits of 1.37 billion NTD but also incurred a loss of 10 million USD (about 300 million NTD), with total losses amounting to as much as 54.5 million USD (about 1.67 billion NTD). This figure is by no means a small amount, even for someone as wealthy as Huang Licheng, representing wealth that an average person could not accumulate in a lifetime.

This is not the first time Huang Licheng has made big moves in the crypto assets market. In June this year, he made a profit of 6.5 million USD (about 195 million TWD) from HYPE coin, which was considered a god-level operation in the crypto world at the time. However, this time, the crypto assets pullback has turned all profits into bubbles. According to on-chain data, Brother Maji holds a long position of 29,600 Ethereum on Hyperliquid, valued at about 129 million USD, with an opening price of 4,397 USD and a liquidation price of 4,058 USD. When the price of Ethereum approaches the liquidation line, the immense psychological pressure is evident.

In addition, Huang Licheng had also heavily invested in XPL, being the largest XPL bull on Hyperliquid. He started going long at around $1.4, but the continuous decline in XPL's price led him to estimate a loss of $18 million. These losses eventually accumulated into this epic crypto assets liquidation event. The case of Brother Ma Ji vividly demonstrates the double-edged sword nature of high-leverage trading: it can amplify profits when the market direction is correct, but it can also magnify losses when the judgment is wrong.

Brother Maji's Crypto Assets Get Liquidated Philosophy: Calmly Responding with Financial Quotes

In the face of an astonishing loss of 1.67 billion NT dollars, Huang Licheng's response on platform X was surprisingly relaxed, showcasing an impressive mental quality. He posted, “Crypto Rules Everything Around Me,” and quoted several famous financial investment sayings to interpret his experience of getting liquidated in the crypto world. This calm attitude prompted netizens to exclaim, “His heart is harder than Bitcoin,” and sparked heated discussions about his true mental state and financial condition.

The financial quotes cited by Huang Li-cheng include: “Buy the fucking dip”, “Buy when there's blood in the streets, especially when it's mine and yours”, and “Buy the builders”. These quotes are classic sayings in the investment world, reflecting the principles of contrarian investing and long-termism. Brother Ma Chi attempts to interpret the liquidation of crypto assets through these quotes as a learning experience rather than a disaster.

Reports indicate that in the face of massive losses, Huang Licheng described this experience as “very interesting,” showcasing a strong financial backing and a stable mindset. This reaction has sparked polarized comments in the crypto world. Supporters believe he indeed has enough financial capacity to bear such losses, saying, “He still has 150 million USD in positions, this is just a small matter,” and “Before the big cut, he made a fortune, this is just a small bet for fun.” Others admire his mindset: “After all, it's just on paper, if he doesn't sell, it doesn't count as a loss,” “For him, it's just pocket change,” and “A skinny dead camel is bigger than a horse; for him, losing 1.6 billion is like us losing 160 thousand.”

However, another group of netizens responded to this crypto assets liquidation with a mocking tone: “Maji cut cut bottom add bottom add”, “He has cut who knows how many leeks”, “The entertainment of rich people is so dull and plain.” Some people also questioned his risk management: “Anyone who can earn 1.37 billion but still hasn't taken profits, are you still worried about him?”, “Who is he going to cut this time?” These comments reflect the public's complex mindset towards the wealthy's crypto assets liquidation, containing both envy and sarcasm.

The Cruel Lesson of Maji Brother's Get Liquidated in Crypto Assets

The case of Huang Licheng's crypto assets getting liquidated provides valuable lessons for all investors. Firstly, it emphasizes the importance of taking profits. When the paper profit reached 1.37 billion TWD, the decision not to partially or fully cash out, but to continue holding or even increasing positions, ultimately led to a complete pullback of profits and a loss, highlighting the dangers of greed and overconfidence. Professional traders usually lock in partial gains after reaching a certain profit level to avoid total losses.

Secondly, there is the fatal risk of leverage usage. Huang Licheng uses an overall leverage of up to 12 times on Hyperliquid, which means that a market reversal of about 8% can trigger liquidation. In the highly volatile crypto assets market, this level of leverage is extremely dangerous. Even well-funded brothers cannot escape the crypto assets liquidation wave, which demonstrates the vulnerability of high leverage in the face of black swan events.

The third risk is the concentration of investments. Huang Licheng heavily invested in XPL and Ethereum, lacking sufficient asset diversification. When these heavily weighted coins decline simultaneously, the entire investment portfolio suffers a systemic blow. The fundamental principle of risk management is diversification, but many players in the crypto world ignore this principle in pursuit of higher returns, paying a painful price when crypto assets get liquidated.

Finally, there is the unpredictability of geopolitical risks. The sudden announcement of Trump's tariff policy is a typical black swan event that no technical analysis or fundamental research could predict. This time, the Get Liquidated of the Ma Ji Da Ge Crypto Assets reminds investors that they must reserve a margin of safety for unpredictable events and should not use extreme leverage or put all their funds at risk.

Despite Huang Licheng demonstrating remarkable psychological resilience and claiming to still hold a position of 150 million USD and continue trading, this cryptocurrency Get Liquidated is undoubtedly a warning. Netizens commented that “the report makes it seem like a total loss, but in fact, the principal is quite substantial.” While this has some truth, a loss of 1.67 billion TWD is a real evaporation of wealth for anyone. The story of Brother Maji shows us that even experienced and well-funded veterans in the crypto world can face the brutal fate of Get Liquidated in extreme market conditions.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Missouri Eliminates State Taxes on Bitcoin Capital Gains

Missouri will be the first U.S. state to eliminate state taxes on Bitcoin capital gains, effective January 1, 2025, fostering a pro-crypto environment and attracting investment. This landmark decision may spur competition among states to implement similar tax reliefs.

Coinfomania3m ago

Strategy Acquires 17,994 Bitcoin for $1.28 Billion

Gate News bot message, Strategy (previously MicroStrategy) has purchased 17,994 BTC for $1.28 billion at an average price of $70,946 per Bitcoin. The company now holds 738,731 BTC, acquired for a total of approximately $56.04 billion at an average price of $75,862 per Bitcoin.

GateNews21m ago

Oil prices rise to $119, reaching a new high since 2022, Bitcoin remains at $67,000, and the Federal Reserve has a 99% probability of maintaining interest rates in March.

On March 9th, WTI crude oil prices rose to $119 per barrel, reaching a new high since 2022. Due to threats from Iran, global crude oil supply losses approached 20 million barrels. Bitcoin remained at $67,000, with no signs of panic selling. The probability that the Federal Reserve will keep interest rates unchanged is approximately 99%.

GateNews25m ago

Bitcoin order book data: Over $100 million in buy orders accumulated in the $65,000 range, with sell pressure around $68,000.

Gate News Report, March 9 — On the X platform, on-chain data analysis platform Coinglass released data showing that Bitcoin order books have accumulated buy orders exceeding $100 million in the $65,000 to $65,150 range. Meanwhile, order book data indicates significant sell pressure around the $68,000 level.

GateNews27m ago
Comment
0/400
No comments