Brother Ma Ji is indeed the king of longs and also the most tragic liquidity giver on the internet.
This small pullback of ETH has directly turned his profits from this round of rolling positions back to square one, with only 42 dollars left before liquidation.
With 500,000 capital starting from 2840, it rolled up all the way, and when it surged to 3200 the day before yesterday, it once reached 3.34 million, feeling ecstatic;
but the rolling positions pushed the liquidation price up to 3000, and as a result, ETH fell below with a single bearish candle in the early morning, leading to two liquidations in a row.
3.34 million instantly dropped to only 730,000, and nearly all profits were wiped out.
Ma Ji once again took the saying "going long is like being a dog" to the extreme. $ETH
ETHUSDT
Perp
3,311.39
+5.86%