Data: Less than 1 hour after adding to his long position, Huang Licheng's ETH long was liquidated by more than half, with the current position valued at $6.96 million.
According to ChainCatcher, monitored by Hyperinsight, as bitcoin fell below $88,000, leading to a broad decline in ethereum, altcoins, and US crypto stocks, Huang Licheng was liquidated again. Currently, his 25x leveraged ETH long position has only 2,300 ETH left, with a position value of $6.96 million. The liquidation price for this position is at $3,009.
Huang Licheng was partially liquidated for about 2,500 ETH this time, and just 45 minutes ago, he had deposited $250,000 USDT to add margin for a new 800 ETH long position.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Deutsche Bank’s Daniel Ghali sees stronger gold demand and higher copper prices in 2027


Full Statement from Nvidia Regarding Jensen Huang's Resignation and Leadership Team Restructuring
On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.

