A significant crypto investor, known as ‘Big Brother Maji,’ has incurred nearly $10 million in floating losses due to recent market downturns. The losses primarily impacted Ethereum (ETH) and Bitcoin (BTC), according to on-chain analytics tracking his substantial investments. This situation highlights the inherent volatility of the cryptocurrency market and the risks associated with leveraged trading. 22,000–22,298.53 ETH with 25x leverage and 115 BTC were significantly impacted by the downturns. On-chain data from Lookonchain Monitoring indicates that Huang Licheng’s losses primarily stem from his long positions in ETH, BTC, HYPE, and PUMP. While HYPE shows a small gain, PUMP saw some profit despite the overall downturn. ♂️