Maji Dage (Huang Licheng) is making a big move in the crypto market again, this time directly increasing his holdings to over $16 million. According to on-chain data, Maji's ETH position is the largest, with $13 million invested when the price was over $2,000, and now the price has risen to $2,350; he also holds $17 million in Bitcoin, which he bought at 68,625 satoshis, now at 78,150; plus he has invested $1.3 million in HYPE and $40k in VVV projects.

The most interesting thing is that this guy's funding source actually comes from funds withdrawn from the PleasrDAO treasury five years ago, and he's only now using it. This suggests that Maji's liquidity might be running out soon, and he's starting to dig into old funds to increase his positions. Judging by this, Maji still has a pretty optimistic outlook on the market, or he wouldn't be so eager to deploy these dormant old funds. What do you all think—are they bottom-fishing, or is there some inside information?