Huang Licheng, also known as "Maji," has deposited $250,000 into Hyperliquid, marking his 20th long position on Ethereum (ETH) with the platform. The position, taken at 2:00 AM, is leveraged 25 times, amounting to a position size of approximately $4.29 million. Currently, the position shows an unrealized loss of $80,000, with an average entry price of $2,032 and a liquidation price set at $1,949.
Over the last five months, Huang's address has engaged in 165 long positions across various cryptocurrencies, depositing over $16.2 million into Hyperliquid. Despite these efforts, nearly all deposits have resulted in losses, highlighting the high-risk nature of his trading strategy.
Huang Licheng Takes 20th ETH Long Position on Hyperliquid with $250,000 Deposit
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