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Maji sold Bored Ape Yacht Club (BAYC) NFTs to add margin, stating in a post that he is just 8% away from the liquidation threshold.

2 hours ago

According to HyperInsight monitoring, Huang Lichang, nicknamed "Big Brother Ma Ji", is facing a critical situation with his Ethereum (ETH) long positions. He sold one of his 150 Bored Ape Yacht Club (BAYC) NFTs from his holdings, using the proceeds to add margin and top up his long position. The account linked to "Big Brother Ma Ji" has racked up total losses of $33.85 million, with $2.43 million in losses over the past month. Huang Lichang himself just posted, stating: "We need more Tom Lee. I’m 8% away from being liquidated." His current ETH position is valued at $1.64 million, with an average entry price of $1,562.21 and a liquidation price of $1,538.84.

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