"Maji" has suffered over $12 million in losses over 10 days, leaving its account balance at just $129,000.
According to Lookonchain monitoring, amid the market downturn, the address of "Big Brother Ma Ji" (real name Huang Licheng) has been continuously closing positions to cut losses and prevent liquidation. His account balance has now fallen to just $129,000, a drawdown of $12.08 million from the peak unrealized profit of $5.26 million recorded on October 5.
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