On-chain data tracking reveals that the prominent crypto investor Huang Licheng, widely known as Maji Big Brother, has significantly adjusted his high-leverage trading portfolio. On the morning of March 28, 2026, monitoring tools detected a new aggressive position involving HYPE tokens, contributing to a total portfolio value of approximately $6.442 million. However, recent market volatility has shifted his aggregated positions from a profitable state into a current unrealized loss of approximately $37,000.
Aggressive Leverage Across HYPE, Ethereum, and Bitcoin
The latest data indicates that Huang Licheng has opened a 10x leverage long order on HYPE, currently holding a total of 9,000 HYPE units. This move comes alongside existing high-risk positions in leading digital assets. His current portfolio distribution includes:
- A 25x leverage long order on Ethereum (ETH), consisting of 3,975 ETH.
- A 40x leverage long order on Bitcoin (BTC), holding 33 BTC.
- A newly initiated 10x long position on HYPE.
High-leverage trading allows market participants to control large positions with relatively small amounts of capital, but it significantly increases the risk of liquidation if price movements turn unfavorable.
Market Performance and Portfolio Valuation
Despite the substantial size of these positions, the overall trading strategy is currently under pressure. While earlier reports suggested the portfolio was in a state of profit, the latest on-chain metrics confirm that the unrealized loss has reached $37,000. This transition highlights the volatility inherent in the decentralized finance (DeFi) markets and the sensitivity of leveraged positions to minor price fluctuations in Bitcoin and Ethereum.
On-chain monitoring remains a critical tool for tracking the movements of influential "whales", providing transparency into high-stakes trading strategies that can impact market sentiment.
The current situation for Huang Licheng underscores the high-stakes nature of on-chain perpetual trading. As the total position remains open, the final outcome of these trades will depend on the short-term price action of the Hyperliquid ecosystem and the broader cryptocurrency market. Investors and analysts continue to monitor these wallet addresses for further adjustments or potential liquidations should the market downward trend persist.
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For educational purposes only. Nothing here constitutes financial or investment advice. Crypto markets are highly volatile — always DYOR before making any decisions.
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