“Maji” persists despite repeated setbacks—sold BAYC to go long ETH, now facing a $32,000 unrealized loss

According to TradingBeats’ monitoring on November 7, “Brother Ma Ji” Leon Huang was liquidated again yesterday. Over the past five days, he raised $223,000 by selling 15 NFTs—but incurred $505,000 in losses doing so; the proceeds were quickly exhausted. On the same day, he sold Bored Ape Yacht Club (BAYC) #32 on OpenSea for 12.5 ETH—worth approximately $28,000 at current market prices. His current position: long 540 ETH at 25x leverage, with an entry price of $2,304.23 and a liquidation price of $2,203.40; his unrealized loss currently stands at $32,000.