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According to the latest monitoring data from on-chain analysis team Lookonchain, due to the decline in the cryptocurrency market, American-Taiwanese singer and L.A. Boyz member "Brother Ma Ji" Huang Licheng was liquidated again, incurring a loss of $2.88 million (approximately NT$90.4 million).
According to comprehensive media reports, due to weakening macroeconomic conditions and a decline in global capital market risk appetite, coupled with uncertain policy and regulatory prospects, investors tend to avoid high-volatility assets, leading to capital outflows from the crypto market and subsequent declines in cryptocurrency prices.