A former entertainment industry star suffered a massive loss of tens of millions of dollars, and Big Brother Maji became a major loser.
Remember when he sang "Traveling Apart," he had a brother who was a cryptocurrency investor?
The ceiling of the inverse indicator in the cryptocurrency market:
He's nicknamed "Big Brother Maji," a Taiwanese hip-hop icon and founder of a livestreaming platform, with a net worth in the billions. But what truly makes him memorable in the cryptocurrency world is his role as a key figure in the deep pits of web3.
Since entering the market in 2020, he's almost always "checked the market" at the right time, and every popular project has experienced a crash or collapse after his entry.
Does Big Brother Maji's entry mean retail investors' exit?
His reputation in the cryptocurrency world has shifted from "trendsetter" to "a warning light for leeks being ripped off." Some even joked, "'The Grim Reaper of Cryptocurrency' isn't a movie, it's a promotional video for his new project."
• A brief overview of his cryptocurrency performance over the past five years: He's been ripping off leeks, and he's also losing a lot of money.
Projects
BLUR
FRIEND
PUMP
Operational Status
Losses
Buying at the peak, increasing positions in the secondary market, losses of 3.16 million yuan
Heavy positions in social tokens, losses of 16.3 million yuan
All-in on high-priced contracts, floating losses of over 10 million yuan
Latest Battle: The PUMP Contract Explosion
Just after July, the cryptocurrency contrarian indicator, Maji, became popular again. This time, he went long on the PUMP token, using 5x leverage, and entered the Hyperliquid platform. The outcome was familiar: floating losses exceeded $10 million, and onlookers dubbed him, "The Grim Reaper of Cryptocurrency is back online."
What is Q PUMP?
A popular Solana MEME coin surged to a market capitalization of billions in just a few weeks. But just after Big Brother entered the market at a high point, PUMP began to plummet, its market capitalization shrinking to $3.1 billion. Even private equity firms were dumping shares on exchanges.
• Besides trading failures, Big Brother is constantly controversial.
Besides repeated losses in cryptocurrency trading, Huang Licheng has also been widely questioned for his involvement in multiple suspected "rug projects." ZachXBT, an on-chain investigative account, singled out "22 projects, 22 "rugs," directly pointing to his disgraceful on-chain record and calling him "one of the most notorious scythes in web3."
>Final Note
Failed repeatedly, yet still fighting back, Big Brother Maji is like a "warrior who bounces back and forth in the cryptocurrency world."
Do you think he's truly daring? Or is he a "top scythe" collaborating with his team to reap the rewards of retail investors? $XRP $ETH #美联储利率决议 #币安HODLer空投TREE
