Maji Gege's 25x leverage ETH long position has once again fallen into a crisis. According to real-time tracking data from the on-chain monitoring platform Onchain Lens, this well-known trader's long position is facing partial liquidation pressure, with a total loss of $27.56 million so far. Even more dangerously, there is only a 4% price drop space before the next liquidation trigger, making an already tense market even more perilous. High-leverage longs often face rapid liquidation risks during market adjustments, and Maji Gege's situation vividly illustrates this phenomenon. This also serves as a reminder to investors that while high leverage can offer attractive returns, the risks are equally significant.