TechFlow News: On May 28, Hyperinsight monitoring data showed a short-term market decline. “Ma Ji” (Huang Licheng)’s ETH long position—frequently appearing among the largest liquidations during each sharp market drop—was liquidated again for 3,520 ETH, valued at approximately $7.07 million, nearly wiping out the account.
The true epicenter of this downturn, however, was BTC long positions. Two highly leveraged addresses suffered multi-million-dollar losses—both far exceeding “Ma Ji”’s liquidation size. Details are as follows:
- Whale 0xaea: Liquidated twice, with a total of 208 BTC long positions liquidated (valued at ~$15.3 million) and losses of ~$270,000—recording the largest single liquidation globally.
- Whale 0x76d: Manually closed positions four times before hitting the liquidation price, cutting losses on a total of 497 BTC long positions (valued at ~$31.9 million) and incurring losses of ~$460,000.
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