Huang Licheng, a prominent figure in the crypto community, has reopened a long position in XPL using 5x leverage, according to on-chain data. This move comes shortly after he closed his previous positions in XPL and other contracts on Hyperliquid, incurring a cumulative loss exceeding $20 million. The decision to re-enter the market with leveraged positions highlights Huang's continued confidence in XPL despite recent setbacks.
Huang Licheng Reopens XPL Long Position with 5x Leverage
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