Rewards Hub Huang Licheng, also known as "Maji Dage," has significantly increased his long positions in Bitcoin (BTC) and Ethereum (ETH), despite facing a substantial floating loss. According to HyperInsight monitoring, Licheng opened a 420-BTC long position at 40x leverage with an average entry price of $75,700. Additionally, he initiated a 10,400-ETH long position at 25x leverage, with an average entry price of $2,291.12.
These strategic moves have resulted in a total unrealized loss of $671,000. The decision to leverage such high positions indicates a strong bullish sentiment from Licheng, despite the current market volatility.
Huang Licheng Expands BTC and ETH Long Positions Amid $671,000 Loss
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