Brother Ma Ji's legendary history in the crypto world has added another heartbreaking chapter. This "crypto warrior" faced a setback again at the end of January 2026, when his high-leverage long positions on ETH and HYPE on the decentralized exchange Hyperliquid were instantly "home run" as the market fluctuated wildly, with total liquidation amounts and losses reaching up to $26 million. Even though he boldly declared at the beginning of 2026 that he would "come back and be the boss," the merciless market clearly didn't give him face. He maintained a high leverage of 25x for a long time, and this "cutting-edge" strategy led to a series of liquidations within hours during Ethereum's pullback, with his on-paper assets shrinking to a very low point. Netizens exclaimed: Brother, this isn't trading, it's burning life points!

Brother's full liquidation record, main battlefield: Hyperliquid exchange.
Position: 2,200+ ETH and a large amount of HYPE tokens long.
Fierce results: Since October 2025, the total number of liquidations has exceeded 200 times, making him the "liquidation king" of the crypto circle.
Although Brother lost $20 million, he still has another $20 million; whereas I lost 200 bucks, and I have to eat instant noodles. $eth