"Machi" Huang Licheng continues to buy low and sell high on ETH, sets new take-profit order targeting $2,980

BlockBeats News, December 24, according to HyperInsight monitoring, in the past 10 hours, Huang Licheng has continued to increase his ETH long positions in the price range of approximately $2,932 to $2,942, adding 475 ETH, with the position size increasing by about $1.4 million. Subsequently, he placed partial take-profit orders in the $2,960 to $3,125 range, and some of these orders have already been filled.

Monitoring shows that since December 17, this address has continuously held ETH long positions, frequently buying low and selling high, and rolling up the position. Currently, the size of his ETH long position has increased from $13.2 million to $21.62 million, with an average price of $2,978, and an unrealized loss of about $110,000 (approximately 13%), with a liquidation price of $2,870. In addition, all of his previous HYPE and ZEC long positions have now been closed.