#Expanded Version:

According to a report from Odaily, blockchain analyst Yu Jin has highlighted a significant development involving well-known investor Ma Ji Da Ge and his Ethereum (ETH) positions. Earlier today, the investor notably increased his ETH holdings, adding a substantial amount to his existing position. However, soon after this accumulation, the market moved unfavorably, triggering the liquidation of 20% of his leveraged ETH position.

This liquidation amounted to approximately 775 ETH, indicating that the investor was operating with considerable leverage and faced margin pressure as ETH prices dipped. Despite this setback, Ma Ji Da Ge still retains a sizeable position of 2,480 ETH, suggesting ongoing confidence in the asset or a strategy to hold through volatility. The incident underscores the high-risk, high-reward nature of leveraged trading within the crypto market, where sudden market fluctuations can rapidly force partial or full liquidations.

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