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Trader 'Maji Dage' Expands Leveraged Positions in ETH and HYPE, Racking Up $1 Million Floating Profit

Trader 'Maji Dage' Expands Leveraged Positions in ETH and HYPE, Racking Up $1 Million Floating Profit

Huang Licheng, also known as ‘Maji’, reports over $1 million in unrealized gains from high-leverage ETH and HYPE longs, highlighting his aggressive bullish trading approach.

ETH
HYPE

Fact Check
The statement is assessed as 'likely_true' with high confidence based on consistent and direct evidence from multiple high-authority sources. Three independent on-chain analytics firms corroborate the event. Onchain Lens provides the most direct evidence, explicitly stating that 'machibigbrother' (Maji Brother) opened a '25x leverage long position on ETH' on the HyperLiquid platform. This single piece of evidence from a high-authority source directly validates every component of the claim: the trader, the platform, and the use of high leverage. Furthermore, reports from Lookonchain and EyeOnChain confirm that the same trader deposited significant funds (700K USDC) into Hyperliquid to open long positions, which is consistent with the report from Onchain Lens. Supporting contextual evidence from other sources confirms the trader's well-known reputation for high-risk trading. There are no contradictions among the provided sources; they all point to the same conclusion.
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Summary

Huang Licheng, known as ‘Maji’, announced on X that his leveraged ETH and HYPE long positions have turned profitable, surpassing $1 million in unrealized gains. Hyperbot data indicates he holds 8,000 ETH at 25x leverage and 162,000 HYPE at 10x leverage. This builds on his November 27 pivot away from Bitcoin longs in favor of $23.85 million in ETH and HYPE longs, reflecting a continued commitment to bullish bets on these assets.

Terms & Concepts
  • HYPE Token: A cryptocurrency traded on platforms like Hyperliquid; details vary by project scope and market adoption.
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, often used for transactions, smart contracts, and decentralized applications.