Trader 'Maji' increases ETH long position to $14.4M, principal growing over threefold

Chainthink

Release Time: 03/05/2026 02:47:02

ETH

$2,060.65-4.46%

Summary

On March 5, 2026, trader 'Maji' Huang Li Cheng rolled his ETH long position, increasing it to $14.4 million. The average entry price rose to $2,066, with a 60% yield and $350,000 in unrealized profit. The liquidation price is now at $2,035, and take-profit orders are set between $2,130 and $2,202. The principal in the 20th round of longs has more than tripled, from $250,000 to $860,000. The trading strategy demonstrates a strong risk-to-reward ratio, with partial exits planned.

ChainThink report, March 5: According to Coinbob Hot Address Monitoring, "Maji" Huang Licheng rolled over his ETH long position, increasing his total holdings to $14.4 million. After this operation, his average entry price for ETH rose from $2,023 to $2,066. The position currently has an unrealized profit of approximately $350,000, a return of 60%, and a liquidation price of $2,035.

Additionally, this address currently has a take-profit order set between $2,130 and $2,202 to partially close 10% of the position. In just two days, this twentieth long position has grown its $250,000 principal to $860,000, and the liquidation price has been raised from $1,949 at entry to $2,066.

This trader previously profited from trading blue-chip NFTs, but has suffered significant drawdowns since becoming active in October last year, with account funds shrinking dramatically from over $100 million.

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