ETH drops below 2000 USDT

Big Brother Ma's Ethereum long position was partially liquidated again, now only holding 120 ETH long positions remaining

Odaily Planet Daily reports that Hyperbot data shows that Maggi Big Brother Huang Licheng's 25x leveraged Ethereum long position was partially liquidated again an hour ago. Early this morning, he urgently added to his position, but the previous market decline triggered another liquidation. Currently, he holds only 120 ETH, with a liquidation price of $1919.

Big Brother Maqi Huang Licheng was liquidated while leveraging long ETH! Lost $74 million in 6 months, with only $8,500 remaining in Hyperliquid

Renowned crypto trader Brother Ma Ji Huang Licheng used 25x leverage to go long on Ethereum at Hyperliquid. Due to a sharp decline in ETH prices, he accumulated losses of $74 million, with his account funds nearly exhausted, leaving only $8,500. After dropping from nine-figure assets to massive losses, the market is highly focused on his future trading strategy.

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Gate Research Institute: Geopolitical Tensions Escalate | AI Accelerates Ethereum Development

Cryptocurrency Market Overview BTC (-0.18% | Current price 66,556 USDT): BTC has rebounded within the 66,000–67,000 USD range but has not yet effectively broken through the upper resistance level. Short-term momentum recovery remains limited; if trading volume cannot increase, the price is likely to continue fluctuating within the 63,000–70,000 USD range. On the macro front, escalating Middle East geopolitical tensions have raised concerns over conflict spread and the Strait of Hormuz risks. Rising oil prices have driven gold higher, increasing volatility in global risk assets. In an environment where safe-haven sentiment is rising while risk appetite declines, BTC may maintain high volatility and oscillation in the short term. The future trend will still depend on geopolitical developments and liquidity expectation changes. ETH (+3.18% | Current price 1,910 USDT): ETH found support near $1,835 and rebounded, with the target

Huang Licheng has lost $74 million over the past six months.

PANews March 2 News, according to Arkham statistics, "Big Brother Ma Ji" Huang Licheng has lost $74 million over the past six months — he has been trying to leverage long Ethereum since September last year when the price was $4700. Now, he has only $8,500 left in his HL account, suspected to have almost lost all his money.