Huang Licheng Increases Ethereum Long Position to 25x Leverage at $3.2M with $110K Balance

Huang Licheng, known as "Maji Dage," raised his leveraged Ethereum long position to 25x with a notional size of $3.2 million at an average entry of $2,024.42, leaving approximately $110,000 in his account, HyperInsight data show on March 3. He has held a long position on Ethereum since September last year when the token traded near $4,700. Since late February, additional margin funding has come from assets deposited into the PleasrDAO treasury five years ago, with cumulative losses across the account reaching $74 million over the past six months.