On August 26, Huang Licheng, known as 'Brother Majie', responded to reports from media in Taiwan, China, claiming that his investment portfolio had surged 84 times. He stated that this news is 'fake news'. Previous reports indicated that 'Brother Majie' capitalized on a significant upward trend in the cryptocurrency market last week, rolling over approximately $150,000 into a long position worth about $11.15 million, recovering around $11 million in total. Over the past 10 months, he had incurred a cumulative loss of about $35 million from long positions in ETH, and after this round of profits, his historical losses have narrowed to approximately $24 million. Relevant on-chain data previously indicated that his historical cumulative losses still remain in the tens of millions of dollars.
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Majie Responds to Rumors of 84-Fold Investment Portfolio Surge: Fake News
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