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"Pal" Huang Licheng continued to hold a leveraged position despite a significant unrealized profit, and now his funds have once again shrunk to $360,000.
BlockBeats News, October 31st, according to HyperInsight monitoring, in the past 9 hours, Huang Licheng has continued to increase positions to flatten his ETH long position and deposited $14,000 into Hyperliquid, which was then fully used to increase his position. Currently, his holding nominal value has dropped to $7.66 million, with a floating loss of about 30%, an average price of $3,881, and a liquidation price of $3,750.
Earlier on the 29th, his ETH long position's floating return rate reached 130%, the average position price rolled over to $3,950, the principal once reached $1.9 million, and the total position size reached a peak of $22.31 million. Despite some small inflows in recent days, the funds have shrunk to $360,000, and the total position size has decreased to $9.02 million.
Looking back at his operations, on the 23rd, Huang Licheng opened an ETH long position at an average price of $3,785, with a holding nominal value of over $9.6 million. He consistently used the unrealized profits as margin to roll positions, pushing the total holding nominal value up to $22.31 million, with a peak floating return rate of 200%, but he has never closed the position.
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