"Brother Maqi" has recently continued to experience losses in his operations on the decentralized contract trading platform Hyperliquid. On-chain data shows that since October last year, he has transferred approximately $13.16 million to Hyperliquid, but most of his positions ended in losses. His account assets have also shrunk significantly from a peak of about $50.39 million in September last year. Today, he added to his position again from a balance of over $50,000 yesterday, with a decline of over 99%, which has also earned him the nickname "Liquidation King" in the community.