Cryptocurrency earthquake! Brother Ma Ji suffers a blood loss of 18.68 million with 149 million in long positions in ETH/PUMP, revealing a "death cross"!

On-chain data shows that Ma Ji, Huang Licheng, suffered an epic liquidation of 149 million USD in ETH and PUMP long positions! Among them, 30,000 ETH was purchased at a high of 4,399 USD, with current unrealized losses reaching 9.92 million USD, while 4.85 billion PUMP plummeted 58% after being built at 0.0073 USD, resulting in unrealized losses of 8.76 million USD. The two major cryptocurrencies have simultaneously broken down, forming a "death cross" pattern, and market panic is rapidly spreading.

It is worth noting that this is Huang Licheng's third major loss this year. At the beginning of the year, an investment of 15.6 million USD in the FRIEND project now remains only 700,000 USD, and in March, he lost over 10 million USD in the BLAST airdrop arbitrage.

This time, the heavy position in Hyperliquid has exposed the risks of his aggressive strategy of "buying more as prices fall"—data shows that Huang Licheng has been continuously increasing his position in PUMP, with holdings exceeding 3% of the market circulation.

The cryptocurrency market is changing rapidly, and even the big players cannot escape the "scythe" of the market. Want to get the latest liquidation warnings and hedging strategies? Follow 【@衡玉分析师 】 Zhu Ye immediately, and let us help you see through the undercurrents of the crypto market! #美SEC和CFTC加密监管合作 $BTC