Huang Licheng, known as "Maji," experienced a partial liquidation of his Ethereum (ETH) long position, resulting in a liquidation volume of 1,212 ETH, valued at approximately $2.28 million. This event led to a loss of about $198,000, leaving the contract account balance at just $9,289.27. Despite this setback, Huang opened a new long position with the remaining $10,000, set at a liquidation price of $1,927. If this position is liquidated, it could mark the end of his $250,000 rolling strategy.
Over the last five months, Huang's address has engaged in 164 long attempts across various cryptocurrencies, including 19 on ETH, depositing a net total of approximately $15.68 million into Hyperliquid. However, nearly every deposit has resulted in a loss, highlighting the challenges faced in his trading strategy.
Huang Licheng's ETH Long Position Faces Partial Liquidation, Balance Drops Below $10,000
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
