PANews reported on November 14th that, according to on-chain analyst Yu Jin, Maji (Huang Licheng) withdrew 3.437 million USDC from Binance between yesterday afternoon and early this morning to go long on ETH on Hyperliquid. ETH subsequently plummeted from $3550 yesterday afternoon to $3150. Therefore, his initial investment of $3.437 million has now dwindled to only $1.9 million. His total losses have reached $17.5 million.
After losing $3.437 million that Huang Licheng deposited into HL, he was left with only $1.9 million, bringing his total loss to $17.5 million.
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Author: PA一线
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