Huang Licheng has increased his Ethereum long position by adding 475 ETH at prices between $2,932 and $2,942, totaling an additional $1.4 million investment. He has set take-profit orders ranging from $2,960 to $3,125, with some orders already partially filled. This move is part of his ongoing strategy since December 17, involving high-selling and low-buying tactics.
Licheng's total ETH long position now amounts to $21.62 million, reflecting a significant increase from $13.2 million, indicating a long-term investment strategy. His average entry price is $2,978, with a current floating loss of $110,000, or 13%, and a liquidation level set at $2,870. Meanwhile, his positions in HYPE and ZEC have been fully closed.
Huang Licheng Expands ETH Long Position with $1.4M Investment
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