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COINOTAG News, citing HyperInsight, reports that Huang Licheng opened an ETH long position at an average entry of $3,785 around 05:00, exposing a nominal value exceeding $9.6 million. The trade carries an estimated liquidation price near $3,711, and the unrealized return has climbed to roughly 75% as markets moved in his favor.
At 11:00, he added a HYPE long at an average price of $38.5, representing a nominal stake near $1 million with an unrealized return about 20% to date.
Over the prior three days, the trader faced losses on multiple openings, shrinking his principal to about $480,000 after counter-movements in ETH and HYPE. Today’s positions have turned profitable for the first time in nearly three days, lifting capital to about $700,000; the total exposure stands near $10.63 million. Notably, Huang Licheng has predominantly held long positions in the last two months and was liquidated during the 10.11 flash crash.
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