Huang Licheng's "Maji" Contract Suffers $23.6M Loss as 25x ETH Position Partially Liquidated

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Huang Licheng's "Maji" contract lost $23.6 million as his 25x long ETH position faced partial liquidation on January 20, 2026. The ETH price continued to drop, triggering these losses. Over $1 million in floating losses remains. The latest ETH market update shows ongoing volatility, with leveraged positions remaining at risk.

BlockBeats news: On January 20, according to Onchain Lens monitoring, as the market continued to decline, "Mahdi Big Brother" Huang Licheng's 25x ETH long position was partially liquidated again. The cumulative loss in his account has expanded to $23.6 million, with a current floating loss exceeding $1 million.

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