“Pal” Huang Lizheng Increases ETH Long Position by About $7.35 Million, Bringing Position Size to $15 Million

BlockBeats News, January 28th, according to Hyperinsight monitoring, last night and this morning, "Buddy" Huang Licheng deposited about $225,000 to Hyperliquid and continued to use this fund and its unrealized profit for position adding today, accumulating 2,450 ETH long positions worth about $7.35 million.

After this operation, his 25x leveraged ETH long position increased significantly from 2,800 to 5,250 ETH, equivalent to about $15.7671 million, with the current unrealized profit of about $300,000 (49%), and the average position price increased to $2,944.71, with a liquidation price of $2,716.71.

This trader had previously profited from trading blue-chip NFTs, but has experienced significant drawdowns since becoming active in October this year, causing a substantial reduction in the size of the account from over $100 million.