"Pal" Huang Licheng achieved a floating profit for the first time in three days, with his principal growing by over 40%.
BlockBeats News, October 23rd, according to HyperInsight monitoring, Huang Licheng opened an ETH long position today at an average price of $3785 at 5:00, with a nominal value of over $9.6 million. Currently, the unrealized return rate has reached 75%, and the liquidation price is $3711. Then at 11:00, he opened a HYPE long position at an average price of $38.5, with a nominal value of about $1 million, and the current unrealized return rate is 20%.
Over the past three days, Huang Licheng has suffered losses from multiple opening positions. Yesterday, his ETH and HYPE positions in the opposite direction led to another shrinkage of his principal, leaving only $480,000. These two long positions today have achieved profits for the first time in nearly three days, increasing his principal to $700,000. The current total position size is about $10.63 million. He has only opened long positions in the past two months and was liquidated during the "10.11" flash crash.
You may also like

Interpreting the Anthropic vs. War Department Conflict: What Does Trump Intend to Do?

Nasdaq Moves In, Predicts Market Has Reached Mainstream Inflection Point

After a 48-hour ban, Claude reached the top of the App Store

If this is the beginning of the triple halving, what are top investors saying about what to expect?

After Iran's Political Risk Rises, Cryptocurrency Sees Massive Outflow

Pantera Capital Partner: The Financial Trajectory of AI Agents

In the next 5 years, Vitalik will scale Ethereum like this

Sam Altman and the End of the World Capitalism

Wall Street Rings Inflation Alarm Bells Amid Iran Tensions, What Does It Mean for Cryptocurrency?

Qwen Open Source Model Enters Mobile, Nasdaq Tests Water Prediction Market, What's the Overseas Crypto Community Talking About Today?

MegaETH Co-founder: 48 Hours After Escaping Dubai, I Reassess the Entire Crypto Scene

Morning Report | Strategy increased its holdings by 3,015 bitcoins last week; BitMine increased its holdings by 50,928 ETH last week; Vitalik elaborated on the Ethereum execution layer roadmap

Why is it said that there are structural opportunities in encrypted AI?

Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents

Consumer application issues

Arthur Hayes: The flames of war in the Middle East rise, Bitcoin is bullish

Legendary investor Naval: In the AI era, traditional software engineers have no value?
