PANews reported on December 3rd that, according to on-chain analyst Yu Jin, Maji (Huang Licheng) has turned $500,000 into $2.04 million, a profit of $1.54 million. Last week, he turned $1 million into $2.08 million, but two days ago, ETH fell from $3,000 back to $2,700, resulting in a loss of both his principal and profit. In the past two days, he continued to use $500,000 to go long on ETH at an average price of $2,910. With ETH rebounding back to over $3,000, he is now profiting $1.54 million. However, his ETH long position liquidation price isn't very far off, at $2,881.